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The Latest Breaking News from Kevin Book

What we know about Trump's deal giving US access to vast oil reserves in Venezuela

The United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserves. Experts caution that infrastructure repairs will take years and substantial investment. Venezuelans express concerns about national sovereignty and resource exploitation.

The Economic Times

Strait of Hormuz blockade explained: why is Trump threatening to block Iranian ports and how would it work?

Threat has left markets in another period of uncertainty, with questions over how the blockade will be enforced

The Guardian - AU

The Latest: US military warns it will blockade Iranian ports after ceasefire talks end

President Donald Trump said the U.S. Navy will swiftly begin a blockade of ships entering or leaving the Strait of Hormuz after U.S.-Iran ceasefire talks in Pakistan ended without an agreement

The Independent UK

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Oil's worst-case scenario: $200 if Hormuz remains closed

It could become a reality if the Iran war ends without reopening the strait.

Axios

Why boosting production of Venezuela's 'very dense, very sloppy' oil could harm the environment

Even a modest increase in Venezuelan oil production could carry climate consequences on the scale of entire countries, experts warn.

Euronews

Why boosting production of Venezuela's 'very dense, very sloppy' oil could harm the environment

Environmental experts warn that U.S. plans under President Donald Trump to restart and control Venezuelan oil exports could intensify pollution, greenhouse gas emissions and ecological damage in a country already burdened by decades of oil-related degradation

The Independent UK

Why the US has designs on Venezuela's oil

Venezuela’s oil industry has been in the spotlight since President Donald Trump captured the country’s President Nicolas Maduro

The Independent UK

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Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles

President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion

The Independent UK

Donald Trump's call for 'energy dominance' is likely to run into real-world limits

Donald Trump is creating a National Energy Council that he says will establish U.S. “energy dominance” around the world

The Independent UK

The price cap on Russian oil seems to be working

Fresh signs that Russia's finances are in trouble.

Axios

Biden's oil comments spark debate over energy production

President Joe Biden has sparked a firestorm by saying in his State of the Union address that the United States will need oil “for at least another decade

The Independent UK

While Europeans learn energy frugality, Americans stick to petrol-guzzling

Telling Americans to cut back has not been properly tested since Jimmy Carter’s failed re-election

Financial Times

Europe's battle over "green" natural gas

The moves, which are highly controversial, encourage the private sector to invest in such energy sources.

People

Mohammad Bagher Qalibaf

From analysis to the latest developments in health,
read the most diverse news in one place.

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the American Petroleum Institute

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