El canciller de Venezuela, Yván Gil, emitió un contundente pronunciamiento a través de sus canales oficiales, cuestionando enérgicamente las recientes declaraciones del presidente de Uruguay, Yamandú Orsi. Gil denunció la falta de autoridad moral y política de Orsi para intervenir en los asunt...

Russia fired a new nuclear-capable ballistic missile with multiple warheads at western Ukraine, part of a barrage of missiles and drones that pounded Ukrainian cities, including Kyiv, where at least 4 were killed and dozens wounded. Russia's Defence Ministry said on January 9 that the use of the missile, called the Oreshnik, was in response to an alleged Ukrainian drone attack in late December that Moscow said had targeted a residence used by President Vladimir Putin. Kyiv denied the allegation, and the CIA has also called the allegation false.…

Before I left for my break over the holidays, I penned an article outlining what I expected for crude in 2026. That is not an original idea, I will grant you, but I have found over the years that having a base case: a rational, unemotional, clearly defined view of what, all things being equal, will drive market pricing in the long term. Every short-term opinion can then be weighed against that long-term view in order to set appropriate time horizons and parameters for potential trades.  But, as we now know, all things would not remain equal…

Politics, Geopolitics & Conflict Saudi Arabia and Pakistan are discussing an arrangement that would see Pakistan supply JF-17 fighter jets in exchange for financial support or loans. The development is destabilizing because it pulls Saudi defense planning toward a nuclear-armed partner outside the US security structure that has anchored Gulf deterrence for decades. It means Saudi security decisions would no longer run primarily through Washington, Iran would have to account for Pakistan in any confrontation with Riyadh, and the US would no…

There are historical precedents for one power taking control of another country’s oil, but they are rarer than headlines suggest, and they usually occurred under conditions of war, occupation, or overt regime subjugation. That’s what makes Venezuela a precedent.  The closest analogue is Iran. In 1953, when then-Iranian PM Mohammad Mossadegh nationalized the Anglo-Iranian Oil Company, Britain and the U.S. responded by removing the government itself. After the coup, Iran’s oil did not return to Iranian control. It was reorganized…

The week ending January 9, 2026, was anything but ordinary for crude oil markets. As of late Thursday, WTI was trading at $58.42, up $1.10 or 1.92% for the week so far, with a weekly high of $58.87 and a low of $55.76. While these numbers might suggest relative stability, the forces at play beneath the surface tell a far more dramatic story—one that could reshape global energy markets for years to come. The Venezuela Shock The single biggest story this week was President Trump's military operation that resulted in the capture of Venezuelan…

La Organización de las Naciones Unidas (ONU) advirtió este jueves que EEUU podría perder su derecho a voto en la Asamblea General. La advertencia se produce después de que Donald

Este jueves comenzaron los trabajos de reconstrucción de los 16 apartamentos afectados en el Bloque 12 de La Soublette en la parroquia Catia La Mar del estado La Guaira, luego del bombardeo ocurrido el pasado sábado 3 de enero.  Los informes técnicos preliminares han determinad...

El canciller de la República Bolivariana de Venezuela, Yván Gil, afirmó a través de sus canales oficiales que el Gobierno de Venezuela cuestiona enérgicamente las recientes declaraciones del presidente de Urugua...

TotalEnergies has signed an agreement with Lebanon to obtain an offshore exploration permit in the eastern Mediterranean next to a block where it has started exploration, the French oil and gas supermajor said on Friday. TotalEnergies, as the operator and holder of 35% in the permit, and its partners Eni (35%) and QatarEnergy (30%) have signed the agreement with the Lebanese government to enter Block 8 exploration permit.  Block 8 is located west of Block 9, where TotalEnergies drilled for potential resources in 2023.  “Although…

El presidente del Parlamento turco, Numan Kurtulmus, afirmó hoy que el ataque perpetrado por Estados Unidos contra Venezuela constituye flagrante desprecio y clara violación del derecho internacional, e instó a la comunidad internacional a confrontar este tipo de acciones. Durante u...

El presidente de la Asamblea Nacional (AN), Jorge Rodríguez, anunció que la recién instalada comisión de alto nivel para la liberación del presidente Nicolás Maduro, y la primera dama Cilia Flores agotará todas las instancias internacionales y capacidades del Estado hasta conseguir el retorno ...

The volume of Venezuelan oil in tankers at sea has jumped to over 29 million barrels following the U.S. blitz to extract Nicolas Maduro out of Venezuela, up from 20 million barrels held at sea at the start of this week, Bloomberg reported on Friday, quoting vessel-monitoring data by Kpler.  The U.S. captured Maduro in a weekend operation by U.S. forces and flew him to New York to face drug-trafficking charges. The Trump Administration strong-armed the authorities in Venezuela to give the United States “total access” to its oil…

The volume of Venezuelan oil in tankers at sea has jumped to over 29 million barrels following the U.S. blitz to extract Nicolas Maduro out of Venezuela, up from 20 million barrels held at sea at the start of this week, Bloomberg reported on Friday, quoting vessel-monitoring data by Kpler.  The U.S. captured Maduro in a weekend operation by U.S. forces and flew him to New York to face drug-trafficking charges. The Trump Administration strong-armed the authorities in Venezuela to give the United States “total access” to its oil…

La presidenta encargada de Venezuela, Delcy Rodríguez, dirigió un mensaje al pueblo estadounidense. "Le hablo al pueblo de los Estados Unidos. El pueblo de Venezuela no merecía esta agresión vil, guerrerista, de parte de una potencia nuclear", subrayó. "Decía yo ayer ...