Energy

Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves - Alabama Daily News

Source: Alabama Daily News

―

DW NOTE

Trump announced a deal giving the US control of Venezuela's 65 billion barrels of reserves — the world's largest proven deposit. With Hormuz shut and the IEA forecasting a 4% global supply drop this year, the timing isn't diplomatic. It's logistical necessity dressed as statecraft.

Read the full story at Alabama Daily News →

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

Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

Sovereign Debt: The Secret of Gold That Governments Don't Tell - WEEX

Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves - Alabama Daily News

Read more

EM debt fares well amid US Treasury selloff - EnterpriseAM

Gulf Producers Find Workarounds As Hormuz Tensions Persist

Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

Sovereign Debt: The Secret of Gold That Governments Don't Tell - WEEX