Trump's Tariffs on Venezuelan Crude Spark Bullish Sentiment in Oil Markets

Trump's Tariffs on Venezuelan Crude Spark Bullish Sentiment in Oil Markets

Trump's decision to place sanctions on any country buying Venezuela's oil has sparked some bullishness in oil markets this week.- As London-based energy major Shell (LON:SHEL) issued its 2024 annual report ahead of this year’s Annual General Meeting, its general pivot back to fossil energy set the stage for other companies to follow suit.- In line with higher shareholder returns in the US, Shell hiked its distribution target to 40-50% of operati…

Will Trump's Tariffs on Venezuelan Oil Matter?

After setting April 2 as the day that tariffs on most global goods will go into effect, the White House appears to be walking back its plans. Levies on products like lumber, automobiles, and semiconductors may not be enacted until an unspecified later date, reports The Wall Street Journal. Other…

Cuba expresses solidarity with Venezuela in the face of US measures

HAVANA, Cuba, Mar 25 (ACN) Bruno Rodriguez Parrilla, member of the Political Bureau of the Communist Party of Cuba and Cuban foreign minister, expressed on his official X, Cuba's solidarity with the Venezuelan people and government.

Cuba hoped for the great upswing through tourism and opening. Then came the Coronapandemie, now again Donald Trump. To visit a country of bursting dreams

Cuba condemned the U.S. decision to impose 'sub-arances'—as Donald Trump himself called them—against the Venezuelan energy industry and assured that such measures only harm the people.

#Cuba could receive more #oil from #Venezuela as a result of new #US sanctions. This is not necessarily for political reasons, researcher Jorge Piñón tells DIARIO DE CUBA.