The United States is moving some personnel from bases in the Middle East after Iran warned that it would target U.S. installations if Washington strikes, according to officials. The warning comes amid the worst domestic unrest Iran has faced since the 1979 Islamic Revolution. Thousands of protesters have been killed in the crackdown on demonstrations …
Global crude oil prices surged on Tuesday as escalating unrest in Iran, coupled with potential supply disruptions, overshadowed expectations of increased crude output from Venezuela. Brent crude futures rose $1.06, or 1.7%, to $64.93 a barrel by 0934 GMT, marking their highest level since mid-November. U.S. West Texas Intermediate (WTI) crude climbed $1.02, or 1.7%, …
President Donald Trump announced on Monday that any country trading with Iran will face a 25% tariff on U.S. imports from that nation, as Washington evaluates its response to ongoing anti-government protests in Tehran, the largest in decades. “Effective immediately, any country doing business with the Islamic Republic of Iran will pay a Tariff of …
President Donald Trump on Friday, January 9, met with executives from U.S. energy companies, including ExxonMobil, Chevron, and ConocoPhillips, to discuss a potential $100 billion investment in Venezuela’s oil and gas sector. The meeting followed the capture of Nicolás Maduro on January 3, 2026, by the U.S. special military force. According to a CBS News …
There are concerns that the crisis in Venezuela presents a significant risk for Nigeria’s 2026 budget and the broader economy. While Venezuela and Nigeria are geographically distant, they are direct competitors in the global oil market. After months of tactical preparations, the United States invaded Venezuela during the weekend. The U.S. military force launched strikes …
Crowds gathered in Minneapolis on Wednesday to protest and hold a vigil for a woman shot dead during an immigration enforcement operation, as anger mounted over federal officers’ use of force. The 37-year-old woman was shot in the head by an ICE officer in a snowy residential neighbourhood south of downtown. Federal authorities described the …
Caracas and Washington have reached a deal for Venezuela to export up to $2 billion worth of crude oil to the United States, U.S. President Donald Trump announced on Tuesday. The agreement aims to divert oil supplies from China while helping Venezuela avoid deeper production cuts. Trump said the deal signals Venezuela’s willingness to open …
Shares of U.S. oil companies jumped Monday after President Donald Trump indicated that major American oil firms could gain access to Venezuela’s vast oil reserves. Trump made the announcement following the arrest of Venezuelan President Nicolas Maduro. “We’re going to have our very large U.S. oil companies go in, spend billions of dollars, fix the …
President Donald Trump has confirmed he’d ordered a deadly strike on Islamic State terrorists in Nigeria, who he has accused of persecuting Christians in the country. In a post on social media on Christmas day, Trump said he’d directed a “powerful and deadly strike against ISIS Terrorist Scum in Northwest Nigeria,” who he said had …
United States President Donald Trump has ordered the recall of nearly 30 career diplomats from ambassadorial and other senior embassy postings, including Nigeria, as part of efforts to realign U.S. foreign policy with his “America First” agenda. Africa is the most affected region, with ambassadors recalled from 15 countries. These include Nigeria, Burundi, Cameroon, Cape …
