Latin America
Trump plan to control Venezuelan oil has more holes than Swiss cheese
The Pentagon could find itself underwriting risky loans to put Caracas' petroleum infrastructure back on track
September 01, 2026
The Pentagon could find itself underwriting risky loans to put Caracas' petroleum infrastructure back on track
The Iran conflict has scared away tourists and expats while reducing crucial fossil fuel exports
The US risks depleting its emergency petroleum supplies even as it escalates with Iran
Many governments on the continent set fuel prices. That's become a problem when leaders can no longer subsidize to keep costs low.
US energy exporters might benefit from higher global oil prices, but American consumers do not and they, along the rest of the world, are paying.
Lifting sanctions on Russian energy products at a time when there is a Iran war-induced crisis is drawing the usual firestorm regarding loyalty to Ukraine
