Politico has reported that the U.S. president’s administration is considering imposing a naval blockade to completely block oil imports to the Caribbean nation of Cuba, with the aim of bringing about a regime change there. No final decision has been made on this matter. However, it has been reported that some critics of the Cuban…
Oil prices fell on Wednesday due to expectations of increasing US oil inventories, despite the ambition to acquire Greenland, the tariffs imposed by the US, geopolitical pressure, and a temporary production halt at two key locations in Kazakhstan. Oil production at Tengiz and Korolev, two of the world’s largest oil fields, may remain suspended for…
Oil prices rose slightly on Friday due to increased US economic pressure on Venezuelan oil supplies and after the African nation’s authorities, in conjunction with the US, conducted airstrikes against Islamic State militants in Nigeria’s Sokoto state. However, oil prices are headed for their steepest annual decline since 2020, as investors weigh US economic growth…
