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U.S. and Venezuela Engage in High-Stakes Oil Industry Talks

Increasing Venezuela’s oil output will require years and billions of dollars, with geopolitical factors like OPEC decisions, Russia's war in Ukraine, and global demand influencing the timeline and feasibility of boosting production.

7 days ago•Source: Council on Foreign Relations

"Red Sea Shipping Disruptions Prompt Industry Concerns"

energy-and-geopolitics

0.57 min•2 years ago

"Red Sea Shipping Disruptions Prompt Industry Concerns"

Shell PLC has indefinitely suspended all shipments through the Red Sea due to fears of further escalation following U.S. and U.K. strikes on Yemen’s Houthi rebels, who have been targeting commercial vessels in the region in response to an Israeli offensive in the Gaza Strip.

via The Wall Street Journal

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U.S. and Venezuela Engage in High-Stakes Oil Industry Talks

"Red Sea Shipping Disruptions Prompt Industry Concerns"

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