Venezuela, Brent Crude
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The United States has assembled its largest military presence in the Caribbean since 1989, with more than 15,000 troops deployed near Venezuela. Following the December 10 seizure of a Venezuelan oil tanker and ongoing strikes on alleged drug-smuggling boats,
For years, the government has tried to “protect” the Bolívar with strict controls. In an effort to influence exchange rates, authorities have arrested people simply for publishing black-market American dollar prices online. At the same time, the state shut down the main crypto-exchange regulator in 2023, creating more uncertainty rather than less.
he Trump administration has reinstated Chevron Corp.’s license to pump oil in Venezuela, a significant policy reversal that coincides with a broader diplomatic development between Washington and Caracas, Bloomberg reported, citing sources. The decision ...
The crisis in Venezuela remains deeply complex, combining humanitarian disaster, state-military entanglement with illicit markets, increased regional military posturing, and a host of legal and normative questions. To understand the current U.S. and ...
IATA is urging the Venezuelan government to reverse its decision to revoke operating permits for several international carriers that suspended flights to Caracas following new airspace safety alerts issued by the U.S. and Spanish governments.