Oil Futures Rise After Trump's Venezuela Blockade Decision

U.S. oil futures rose by more than 1% after U.S. President Donald Trump decided to impose a 'full and comprehensive' blockade on all oil tankers subject to sanctions that enter or leave Venezuela.

On Wednesday, U.S. oil futures rose by more than 1% after U.S. President Donald Trump decided to impose a 'full and comprehensive' blockade on all oil tankers subject to sanctions that enter or leave Venezuela. This decision aims to tighten the pressure on Venezuela's oil industry. Analysts note that such measures could lead to a reduction in global oil supply and an increase in oil prices. At the same time, experts express concern about the potential consequences for the region's energy security.

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2026-01-30T01:14:19+00:00

US Imposes Sanctions on Countries Supplying Oil to Cuba

U.S. President Donald Trump signed an executive order declaring a national emergency and imposing tariffs on goods from countries selling oil to Cuba. The decision is motivated by the actions of the Cuban government, which is accused of supporting terrorism and providing refuge to hostile actors. Mexico, which became the main oil supplier to Cuba in 2025, has already halted shipments under pressure from Washington.

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2026-01-29T22:22:45+00:00

Musk Reveals Tesla to Stop SUV Production

Tesla CEO Elon Musk announced the discontinuation of its sports utility vehicle production as part of production optimization. The company will focus on developing more in-demand models.

Economy Politics Country