Energy

Oil and politics: What Trump’s ‘historic’ deal means for Venezuela - Al Jazeera

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DW NOTE

The Strait has been shut for six months. Venezuela is not a replacement for Persian Gulf crude — it's a political prop. The US imported 210,000 barrels per day from Venezuela in 2019, before sanctions. The shortfall from Hormuz is 17 million barrels per day. Trump is not solving an oil crisis; he is declaring one solved while Brent sits 19% below its 2026 peak and demand forecasts have been cut by 730,000 barrels per day.

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EM debt fares well amid US Treasury selloff - EnterpriseAM

Gulf Producers Find Workarounds As Hormuz Tensions Persist

Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

Oil and politics: What Trump’s ‘historic’ deal means for Venezuela - Al Jazeera

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EM debt fares well amid US Treasury selloff - EnterpriseAM

Gulf Producers Find Workarounds As Hormuz Tensions Persist

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