US official says Venezuela frees Americans in ‘major step’

US official says Venezuela frees Americans in ‘major step’

Venezuela on Tuesday began releasing imprisoned Americans, a US official said, praising the move by the country’s interim leadership following Washington’s ouster of former President Nicolas Maduro. The official did not immediately give details about the release of the prisoners or say how many were being released, apart from the fact that there were more … Read more

With the raid in Venezuela, the US tells China to stay away from America

With the raid in Venezuela, the US tells China to stay away from America

By Michael Martina, Trevor Hunnicutt and David Brunnstrom WASHINGTON, Jan 11 (Reuters) – Among the many aims of last week’s US military operation that captured Venezuelan President Nicolas Maduro was to send a message to China: stay away from America. For at least two decades, Beijing has sought to build influence in Latin America, not … Read more

Trump says he may keep Exxon out of Venezuela after CEO calls it ‘uninvestable’

Trump says he may keep Exxon out of Venezuela after CEO calls it ‘uninvestable’

By Jarrett Renshaw Jan 11 (Reuters) – US President Donald Trump said on Sunday he may block Exxon Mobil from investing in Venezuela after the oil major’s CEO called the country “uninvestable” during a White House meeting last week. Exxon CEO Darren Woods told Trump that Venezuela would need to change its laws before it … Read more

Cuba challenged after Trump said that the island will not receive any more Venezuelan oil or money

Cuba challenged after Trump said that the island will not receive any more Venezuelan oil or money

By Dave Sherwood and Marianna Parraga HAVANA/HOUSTON, January 11 (Reuters) – US President Donald Trump said on Sunday that no more Venezuelan oil or money would go to Cuba and suggested that the Communist-ruled island should reach an agreement with Washington, increasing pressure on the United States’ longtime nemesis and provoking words of defiance from … Read more

Trump, 79, Blasts GOP Senator in Profanity-Filled Call

Trump, 79, Blasts GOP Senator in Profanity-Filled Call

President Donald Trump clashed with Republican Senator Susan Collins in an angry phone call after she voted against one of his top priorities. The president allegedly made a “profane” call to the vulnerable Republican senator on Thursday, sources told The Hill. Collins was one of five GOP senators who joined with Democrats to advance a … Read more

The Pope in a major foreign policy address blasts how countries are using force to assert rule

The Pope in a major foreign policy address blasts how countries are using force to assert rule

VATICAN CITY (AP) — In his most substantial criticism of the United States, the Russians and other military incursions into sovereign countries, Pope Leo XIV on Friday denounced how nations were using force to assert their dominance around the world, “totally undermining” peace and international legal order after World War II. “War is back in … Read more

What to do with Beijing’s debt and oil shares

What to do with Beijing’s debt and oil shares

WASHINGTON (AP) — When it comes to claiming that Venezuela’s oil is now under his control, President Donald Trump is not mincing any words. But not a small part of that oil belongs to China under contracts it struck with Caracas years ago, setting the stage for a delicate diplomatic dance in the coming weeks. … Read more

Chinese refiners expected to replace Venezuelan oil with Iranian crude, traders say

Chinese refiners expected to replace Venezuelan oil with Iranian crude, traders say

By Siyi Liu and Florence Tan SINGAPORE, Jan 7 (Reuters) – Independent Chinese refiners are expected to switch to heavy crude oil from sources including Iran in the coming months to replace Venezuelan shipments that have been halted since the United States ousted the country’s president, traders and analysts said. Caracas and Washington have agreed … Read more

US says it needs to control Venezuelan oil sales indefinitely to force change

US says it needs to control Venezuelan oil sales indefinitely to force change

By Vallari Srivastava, Nathan Crooks and Jarrett Renshaw Jan 7 (Reuters) – The United States needs to control Venezuela’s oil sales and revenues indefinitely to drive the changes it wants to see in the country, Energy Secretary Chris Wright said on Wednesday. The comments reflect the importance of the South American country’s crude oil reserves … Read more

US-Venezuela oil deal angers China, pushes prices down

US-Venezuela oil deal angers China, pushes prices down

My Marina Wide HOUSTON/BEIJING, Jan 7 (Reuters) – Global oil prices fell on Wednesday as China denounced the United States as a bully after President Donald Trump’s administration said it had persuaded Venezuela to divert supplies from Beijing and import up to $2 billion of embargoed crude. The deal was in line with Trump’s stated … Read more