Oil Prices Drop on Canceled Iran Strike News
Oil prices declined as President Trump announced the cancellation of a planned strike on Iran, easing immediate geopolitical tensions.
19 May 2026
US Officials Pursue Venezuela Pacts for Energy Supply
US officials are finalizing Venezuela energy deals to reopen the country to foreign investment and secure new resources amid global market pressures.
30 Apr 2026
Kuwait Petroleum Corp. HQ Hit by Drone Strike, Fire Erupts
Kuwait Petroleum HQ was hit by an unmanned drone, sparking a fire and full evacuation; key details on damage and casualties remain unclear.
04 Apr 2026
Machado Proposes Full Privatization of Venezuela Oil to Reach 5 Million Barrels Daily
Venezuela oil privatization plan pitched by María Corina Machado seeks $150B over a decade to lift output from ~1M bpd to 5M+.
25 Mar 2026
Hormuz Closure Risk Rises Amid Iran Maritime Actions
The Strait of Hormuz faces heightened closure risk following Iranian attacks on commercial shipping, impacting global energy routes.
12 Mar 2026
