Venezuela Financial News

Subscribe to enjoy similar stories. Humankind has shown broad acceptance of three different kinds of currencies: widely-acceptable fiat currency (like the dollar or Indian rupee), extinct commodity-based currency (gold and silver coins, or even wheat bushels) and an emerging class of digital currency (such as stablecoins or central bank digital currencies or CBDCs). A fourth class of currency is being minted and popularized by US President Donald Trump: influence.

Subscribe to enjoy similar stories. When Venezuela booted out American oil companies in a nationalization campaign nearly two decades ago, China stepped in. Now, Beijing’s foothold there is in doubt as the U.S.

Subscribe to enjoy similar stories. State-run Bharat Petroleum Corp. Ltd (BPCL) will sign a contract with Brazil's Petrobras next week to supply 12 million barrels of crude oil a petroleum ministry statement said, as India continues to diversify its sourcing beyond Russia and West Asia.

Subscribe to enjoy similar stories. WASHINGTON—In a dizzying three weeks on the world stage, President Trump deposed Venezuela’s leader, threatened its neighbors with military action, raised the specter of new strikes on Iran and ignited—then tamped down—a diplomatic crisis with Europe over his efforts to acquire Greenland. At each fresh turn, Congress has found itself scrambling to keep up, sparking new debates among lawmakers about how to claw back constitutional powers from the presidency over matters of foreign policy in the Trump era.

Subscribe to enjoy similar stories. CARACAS, Venezuela—The country’s interim government unveiled a bill Thursday to loosen the state’s iron-tight control over its beleaguered oil industry, a move aimed at attracting U.S. energy companies but one that analysts say falls short of what is needed to unlock major new investments and revive output as President Trump has demanded.

Subscribe to enjoy similar stories. Investors have plenty to worry about lately. Whether it is lower bond yields, expensive stocks or President Trump’s tariffs, their response has been the same: buy gold.

Subscribe to enjoy similar stories. “IT IS NOT easy to think about solutions when you wake up every morning to new threats." Such was the understated view of Lars Lokke Rasmussen, Denmark’s foreign minister, on January 14th. He and his Greenlandic counterpart had just held a testy meeting with Marco Rubio, America’s secretary of state, and J.D.

Subscribe to enjoy similar stories. To quote Yogi Berra, it’s déjà vu all over again. Fears about tariffs are now roiling the stock market, just as they did early in 2025.

Subscribe to enjoy similar stories. Surveying his geopolitical scorecard at the end of last year, Xi Jinping had reasons to be cheerful. China’s leader had just stared down his American counterpart, Donald Trump, in a trade war.

Subscribe to enjoy similar stories. From a certain angle, US President Donald Trump is doing in a matter of weeks what other leaders could never have dreamt of: Assembling an oil cartel with sufficient sway to rival Opec and acquiring a kill switch for the energy-importing economy of America’s prime geopolitical rival, China. Combine Trump’s supposed hegemony over the Americas since the capture of former Venezuelan President Nicolás Maduro on 3 January with control over a post-revolution Iran, and you’re at about 42% of global oil production.

Subscribe to enjoy similar stories. With the US's recent invasion of Venezuela, and sanction and tariff threats on trade with Iran, the so-called global ‘shadow fleet’ of oil tankers is in focus again. Used to transport oil by countries under Western sanctions such as Russia, Iran and Venezuela, the size of this fleet has grown manifold and now accounts for an estimated 18.5% of global tanker capacity, according to S&P Global.

Subscribe to enjoy similar stories. The London-based Economist describes it as the “ultimate networking event"; The Guardian, a British daily, as the “last-chance saloon to save the old world order." The World Economic Forum (WEF) is an international advocacy non-governmental organization and think-tank founded in 1971 by German engineer Klaus Schwab, and its annual gathering at Davos, Switzerland, was once billed as the biggest talk-show-cum-photo op in the post-Bretton Woods world.

Subscribe to enjoy similar stories. Latin America’s vast natural resources have been a draw for U.S. interests across history and industries—from Alexander Hamilton to President Donald Trump, and from Ford Motor to Exxon Mobil.

Subscribe to enjoy similar stories. DAVOS, Switzerland—President Trump video-conferenced into the World Economic Forum a year ago demanding lower interest rates from the global elites gathered and threatening tariffs against those making products anywhere but America. This year, he is heading in person to the Alpine summit with an entourage of U.S.

Subscribe to enjoy similar stories. WASHINGTON—In the days after Donald Trump approved a risky operation to oust Venezuela’s autocratic leader, some administration officials privately came up with a new moniker for the emboldened commander in chief: “President of the World." The nickname reflected Trump’s expanding ambitions and increasingly aggressive posture as he enters the second year of his second term. The president is pushing boundaries at home and abroad as he looks to demonstrate power, cement his legacy and beat the clock ahead of midterm elections that could end unified Republican control in Washington.

Subscribe to enjoy similar stories. Alarm bells began to ring when US President Donald Trump hinted at direct intervention in what are the deadliest Iranian protests so far, posting “HELP IS ON ITS WAY" on his social media platform, Truth Social, on 13 January. The all-caps threat—Trump’s signature leadership style—urged Iranians to “KEEP PROTESTING", “TAKE OVER YOUR INSTITUTIONS!!!", and even “MIGA" (Make Iran Great Again).

Subscribe to enjoy similar stories. The removal of Venezuelan dictator Nicolás Maduro portends greater U.S. involvement in the Western Hemisphere, both politically and economically.

Subscribe to enjoy similar stories. When Thalia Toha wasn’t sure how to answer her teenage daughter’s question about what just happened in Venezuela, she stumbled on the perfect explainer: a scene from a 2019 episode of “Tom Clancy’s Jack Ryan." The clip features John Krasinski as CIA analyst Jack Ryan asking a packed lecture hall: ‘What would you assume is the most major threat on the world stage?’ Audience members answered China, Russia and North Korea until Ryan explained it’s Venezuela, thanks to its oil and mineral-rich land and corrupt strongman leader who tanked the economy. That scene has gone viral and prompted many to ask whether its creators predicted the future six years before American troops captured Venezuelan President Nicolás Maduro and brought him to the U.S.

Subscribe to enjoy similar stories. President Trump ordered a military buildup in the Caribbean in the fall as part of the pressure campaign against the now-ousted Venezuelan leader, Nicolás Maduro. That move now limits his options if conflict breaks out between Washington and Tehran over a popular uprising in Iran, according to current and former defense officials.

Subscribe to enjoy similar stories. President Donald Trump’s control of Venezuela’s oil supply increases U.S. influence in the world oil market, but China is the major power that has been keeping prices steady.

Subscribe to enjoy similar stories. WASHINGTON—A Justice Department memo asserted that the support of the Venezuelan opposition led by Maria Corina Machado for U.S. action to oust Nicolás Maduro helped President Trump’s legal case to overthrow him, people familiar with the matter said.