Us Sanctions - Febspot

Us Sanctions

A collection of 5 posts

Soaring food costs deepen Venezuela's economic crisis — Static01.nyt.com

Soaring food costs deepen Venezuela's economic crisis

Economic instability in Venezuela after a U.S. raid to capture its president has deepened inflation and rattled the currency, sending grocery bills soaring for millions of people, the New York Times reported. Residents described frantic spending on paydays and rapidly rising prices: Nair Granado said she rushed to buy

Analysts say Russia is reshaping exports so India can keep buying discounted crude — I.guim.co.uk

Analysts say Russia is reshaping exports so India can keep buying discounted crude

Industry analysts say Russia is already working to circumvent recent US sanctions to ensure India can continue importing large volumes of discounted Russian crude. Since the outbreak of the Ukraine war India has become the world’s second-largest purchaser of Russian crude, bought at heavy discounts amid western sanctions. US

Venezuela’s oil could shift markets if production recovers — Static01.nyt.com

Venezuela’s oil could shift markets if production recovers

Oil markets have remained relatively calm since the ouster of President Nicolas Maduro of Venezuela on Saturday, reflecting how the country’s influence as a global energy player has dwindled in recent years. In the long term and under the right circumstances, Venezuela could attract investment and emerge as a

Chevron’s long stay in Venezuela could give it an edge if access opens — Static01.nyt.com

Chevron’s long stay in Venezuela could give it an edge if access opens

Chevron may be well positioned to benefit from recent shifts in Venezuela after President Trump reversed course over the summer and, the Times said, U.S. forces captured President Nicolás Maduro over the weekend in Caracas and increased pressure for the country to welcome U.S. energy investment. The company

Trump’s push to bring U.S. oil firms back to Venezuela faces long, costly recovery — Static01.nyt.com

Trump’s push to bring U.S. oil firms back to Venezuela faces long, costly recovery

President Trump has urged U.S. oil companies to return to Venezuela after the ouster of President Nicolás Maduro, but industry and political obstacles mean a revival of the country’s oil sector will not be quick or inexpensive. Analysts and former executives say a handful of Western producers could