Venezuela's oil industry is facing fresh challenges. Shipments are slowing down. Most tankers are just moving oil between local ports. This follows recent U. S. actions against two more ships. State-run oil company PDVSA is also dealing with a cyberattack. The U. S. Coast Guard seized a supertanker
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
Venezuela is facing another wave of uncertainty, as the U. S. president threatens to block oil sales, the country's main income source. Many Venezuelans are used to economic struggles, but this new threat brings back memories of tough times. In Caracas, people like José, a retired surgeon, are takin
Oil prices have taken a hit, dropping from around $70 to just over $56 per barrel. This drop is tough on big oil companies like ExxonMobil, who make a lot of their money from drilling and producing oil. ExxonMobil has some of the best oil fields in the world, like the Permian Basin in the U. S. and
Venezuela is in a tough spot. The U. S. has put a blockade on oil tankers, which is their main way of making money. This move is part of a bigger plan to put pressure on President Nicolas Maduro's government. The U. S. has been doing a lot to make things difficult for Maduro, like building up their
Venezuela's economy is now heavily reliant on cryptocurrency, especially USDT, due to years of economic struggles and international sanctions. This shift has created a complex situation where crypto helps people but also risks breaking sanctions. The country's informal crypto markets are booming, w
Oil prices have been on a rollercoaster lately. They've just had their biggest two-day drop in almost a month. Why? Well, it's a mix of things. First, there are these peace talks about Ukraine. If a deal happens, it could mean fewer sanctions on Russia. That would let more Russian oil flow into the
Venezuela remains a dangerous place to visit. The U. S. government has once again warned its citizens not to travel there. The reasons? Crime, terrorism, and poor healthcare are just a few of the risks. The U. S. closed its embassy in Venezuela in 2019. This means they can't help Americans in troub
Venezuela's government has put off a special meeting to talk about setting up a team to look into recent U. S. military actions. These actions targeted boats suspected of moving drugs near Venezuela and in the Pacific Ocean. The meeting was moved to Tuesday, but no one said why it was delayed. The
Venezuela's leader, Nicolas Maduro, is in a tough spot. He wanted to leave his country but had some big asks. He spoke with U. S. President Donald Trump last month. Trump said no to most of what Maduro wanted. Maduro asked for a clean slate. He wanted legal protection for himself and his family. He
