OIL RESERVES

Mar 11 2026POLITICS

Oil Release Moves to Calm Prices Amid Middle East Tension

The International Energy Agency (IEA) has decided to put 400 million barrels of oil into the market, its biggest release ever. This move follows earlier releases during Russia’s invasion of Ukraine and the Gulf War, showing how the IEA steps in when supply is threatened. Germany, Austria and Japa

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Jan 18 2026POLITICS

U. S. Policy in Venezuela: A Mess of Mixed Messages

The U. S. has been backing the opposition in Venezuela, claiming they won the last two elections. President Trump has called for Maduro's removal, accusing him of drug trafficking. However, in his speech after Maduro's capture, Trump barely mentioned drugs or democracy. Instead, he focused on Venezu

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Jan 04 2026POLITICS

U. S. Seizes Venezuelan Leader: What's Next?

Venezuela's President Nicolas Maduro is now in U. S. custody. This happened after a surprise operation by the U. S. military. They captured Maduro and his wife in Venezuela. Then, they flew them to New York. The U. S. President, Donald Trump, said the U. S. will now run Venezuela. He made this anno

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Jan 04 2026POLITICS

Venezuela's Oil: What's Next?

Venezuela sits on a goldmine of oil, the largest reserves globally. President Donald Trump recently hinted that removing Nicolás Maduro from power could unlock this treasure trove. He envisions U. S. oil giants pouring billions into fixing Venezuela's broken oil infrastructure. But is it that simple

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