Trump’s Venezuela Oil Deal Won’t Quickly Refill the US Oil Reserve

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President Donald Trump’s unconventional Venezuela oil deal is becoming clearer, yet his strategy to utilise the proceeds to restore America’s depleted emergency energy reserves continues to raise questions. Trump recently stated that America’s new majority ownership stake in 17 Venezuelan Read More …

Strait of Hormuz Ship Traffic Remains Near Record Lows

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Ship crossings through the Strait of Hormuz remained in single digits on Monday, showing a slight increase from the weekend, based on preliminary shipping data released on Tuesday, as US and Iranian peace talks continue to be at an impasse. Read More …