Tag: global oil market

US shifts Iran war focus to oil prices as Tehran tightens grip on Strait of Hormuz

US shifts Iran war focus to oil prices as Tehran tightens grip on Strait of Hormuz

thevoiceofpalestine.comLeave a Comment on US shifts Iran war focus to oil prices as Tehran tightens grip on Strait of Hormuz

The focus of the US campaign against Iran appears to be changing. While preventing Iran from developing a nuclear weapon has been repeatedly presented by President Donald Trump as a central reason for the conflict, the immediate priority for Washington now appears to be something much closer to home: bringing down oil and gasoline prices […]

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Venezuela Oil Grab: Why Trump Seeks ‘Repayment’ Through the World’s Largest Petroleum Reserves

Venezuela Oil Grab: Why Trump Seeks ‘Repayment’ Through the World’s Largest Petroleum Reserves

thevoiceofpalestine.comLeave a Comment on Venezuela Oil Grab: Why Trump Seeks ‘Repayment’ Through the World’s Largest Petroleum Reserves

In a bold move that has caught international attention, former President Donald Trump expressed his intent to allow American oil companies to return to Venezuela following a US military operation targeting Nicolás Maduro. The aim: to access the South American nation’s staggering oil reserves. Venezuela holds the largest proven oil reserves in the world, totaling […]

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