Energy

Trump announces sweeping US grab for control of Venezuela's vast oil reserves - Reuters

Source: Reuters

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DW NOTE

Trump claims control over Venezuelan oil at exactly the moment Hormuz remains closed and global supply is down 4.3 million barrels per day. This isn't energy policy — it's resource seizure dressed up as crisis management, with timing that makes the motive transparent.

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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

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Trump announces sweeping US grab for control of Venezuela's vast oil reserves - Reuters

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