(Reuters) -French oil group Maurel et Prom said on Monday that the United States had revoked its licence to operate in Venezuela, sending its shares plunging 15% in early trade. Reuters reported on Sa
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President Donald Trump’s secondary tariffs are “unprecedented and legally questionable,” according to the consulting firm Rapidan Energy.
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YEN.com.gh on MSNWhat next for Venezuela as Trump goes after oil revenues?President Donald Trump has revoked the licenses that allowed several transnational oil and gas companies to operate in Venezuela despite the country being under US sanctions. The cancellation of the licenses will prevent PDVSA from using oil to pay the foreign energy companies for gas,
President Trump announced Monday all countries who purchase oil or gas from Venezuela will be subject to a 25% tariff on all trade with the US, in an ambitious bid to isolate the far-left South
The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the world oil market.
Countries buying oil and gas from Venezuela would have to pay a 25% tariff to the US if they also trade with America.
President Donald Trump has authorized a 25% tariff on goods from countries purchasing oil and gas from Venezuela, which
Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation's oil and producer Chevron began reducing its tanker fleet there,
Global Oil Terminals, owned by billionaire Trump ally Harry Sargeant, is among a raft of oil companies ordered to end operations in the country as part of the Trump administration’s campaign to isolate Caracas.
Donald Trump announced a 25 percent tariff on countries buying Venezuelan oil—a move that 'ironically' could help Moscow.