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Venezuela’s Oil trapped in Hurricane Trump’s Onslaught

Summary by ipsnews.net
Reduced to a marginal oil producer over the past decade, Venezuela has suffered another blow as United States president Donald Trump ordered punitive measures to blockade and further restrict the country’s oil exports. Venezuelan crude will likely navigate the fringes of global oil trade and finance, flowing toward Asian markets as the government seeks to …

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Venezuela’s Oil trapped in Hurricane Trump’s Onslaught

Reduced to a marginal oil producer over the past decade, Venezuela has suffered another blow as United States president Donald Trump ordered punitive measures to blockade and further restrict the country’s oil exports. Venezuelan crude will likely navigate the fringes of global oil trade and finance, flowing toward Asian markets as the government seeks to …

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ipsnews.net broke the news in on Friday, April 25, 2025.
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