"The biggest science group in China decided to skip a leading AI conference because the organizers, based in California, stopped accepting work from companies that the U. S. government has blacklisted. The move caused a stir in Beijing, where scientists and tech firms feel they are locked in a heate
The United States has relaxed some rules that once stopped its companies from buying Venezuelan oil. This change comes as global prices climb after Iran stopped shipping through the Strait of Hormuz, a key route for oil. The move is meant to boost supply and give U. S. firms a chance to invest in Ve
Chevron is in talks with Iraq to take over the West Qurna 2 oilfield from Lukoil. This field is huge, making up about 0. 5% of the world's oil supply and nearly 10% of Iraq's output. The U. S. put sanctions on Lukoil because of Russia's actions in Ukraine. These sanctions made it hard for Lukoil to
The US has taken a stand against Iran's hidden oil ships. They've put sanctions on nine ships and eight companies. These ships and companies are based in India, Oman, and the UAE. They've been moving Iranian oil worth millions of dollars to other countries. The US Treasury says these ships help Ira
The United States has just rolled out new sanctions. This time, they're aiming at groups and people who help the Houthis in Yemen. The Houthis are a group backed by Iran. The sanctions target 21 individuals, companies, and even a ship. These targets are spread across Yemen, Oman, and the United Arab
Venezuela, a country rich in oil, is facing a severe crisis. The situation is dire, especially for children. In 2019, a young girl named Alaska, just 5 years old, weighed only 26 pounds. She was turned away from four hospitals because there were no beds available. Another mother lost her 8-month-old
The United States recently took action against a group of people and companies from Iran and Venezuela. These individuals and organizations are accused of helping each other with military technology. This includes making and using combat drones in Venezuela. The U. S. Treasury Department announced
A worn-out oil tanker, the Bella 1, has been on the run from the U. S. for nearly two weeks. Recently, its crew painted a rough Russian flag on its side, possibly to seek protection from Russia. The U. S. Coast Guard has been tailing the tanker, which is suspected of shipping Iranian oil under U. S.
The U. S. has been cracking down on tankers carrying Venezuelan oil. This has caused major problems for Venezuela's oil industry. The country relies heavily on oil exports for income. President Nicolás Maduro is finding it tough to cope with the U. S. pressure. The U. S. has targeted three tankers
Venezuela is in a tough spot. It owes a lot of money to many people. The country stopped paying its debts back in 2017. Now, the total amount it owes is much bigger than the original loans. This is because of unpaid interest and legal claims. One of the big problems is that Venezuela's economy is n
