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14.09.26 - 21:09
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Trump Says US Could Remain In Iran And Keep Oil, Similar To Deal With Venezuela (ZeroHedge)
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Trump Says US Could Remain In Iran And Keep Oil, Similar To Deal With Venezuela
Authored by Jack Phillips via The Epoch Times,
President Donald Trump on Sept. 13 said the United States could ultimately remain in Iran and "keep the oil" in a similar manner to his administration's move to control some of Venezuela's oil reserves.
"We'll ultimately get out [of Iran], unless we decide to stay and keep the oil like Venezuela," Trump said at the Trump International Golf Course in Ireland, adding that the U.S. revenue from Venezuela has "paid for the war many times."
The president did not elaborate on a possible oil agreement with Iran or whether he would be willing to deploy troops in the country. The White House did not immediately respond to a request for comment on Sept. 13.
Just over six months ago, the United States began strikes against Iran in a bid to end the country's nuclear aspirations as Trump has repeatedly said Tehran cannot be allowed to obtain a nucl...
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13.09.26 - 21:12
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If Dems Win The House: Data Centers, Nuclear, Venezuela Oil Deal Likely Targets (ZeroHedge)
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If Dems Win The House: Data Centers, Nuclear, Venezuela Oil Deal Likely Targets
With polling favoring Democrats to win a House majority in the fall and two months till US midterms Nov. 3 (where BofA's Michael Hartnett expects a market rout in case of a Democratic sweep), Dems have begun to preview priorities should they win back the gavel.
Earlier this week, Rep. Debbie Wasserman Schultz (D-FL), who won a crowded primary in August for Florida's 20th congressional district, vowed if re-elected to help Democrats block Trump's agreement over Venezuelan oil production. Lobbyists are already beginning prepwork in anticipation of industry executives being subject to congressional probes or subpoenas, Politico reported.
Winning back the House would give Democrats the ability to govern committee schedules, set investigative agendas, and leverage subpoenas. In the energy sphere, it is unlikely that we we see as hefty a climate focus as in the 117th Congress. Any clean energy focus will be instead f...
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12.09.26 - 14:12
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Can Venezuela Rescue the Oil Market? (Bloomberg)
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Venezuela has some of the world's largest oil reserves and could eventually produce far more than it does today. But Columbia University's Luisa Palacios says reviving the industry would take years, up to $150 billion in investment and a major rebuilding of trust after decades of contract changes, expropriations and infrastructure decline.
(Source: Bloomberg)...
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12.09.26 - 01:42
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Wall Street Week | Venezuela′s Oil Test, Overcapacity in Renewables, Defense Tech Boom (Bloomberg)
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This week, while Venezuela has the oil reserves to impact global energy markets, rebuilding production will take years, billions of dollars and investor trust. And, Europe's solar success is creating growing pains for investors, generators and power markets. Plus, can data centers turn Scotland's wasted wind into an AI advantage? Later, a more dangerous world is pushing the Pentagon and Silicon Valley closer together, creating a new boom in defense and space technologies. (Source: Bloomberg)...
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10.09.26 - 18:42
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Big Take: Trump′s Venezuela Oil Deal (Bloomberg)
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The Pentagon is taking a stake in a private Venezuelan oil company in what President Trump called “the biggest oil deal in world history.” On the Big Take podcast we break down what we know about the plan so far and what may be the motivation behind it. Listen wherever you get your podcasts. (Source: Bloomberg)...
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09.09.26 - 20:18
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The Guardian view on Donald Trump′s oil deal: Venezuela pays for his vanity | Editorial (The Guardian)
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The US president seized a nation's natural wealth in a modern-day version of gunboat diplomacy to feed his ego – not to lower Americans' fuel billsImperialism does not require a flag to be planted or a governor dispatched. It can be a powerful nation deciding who governs a smaller, weaker country, and on what terms and for whose benefit its resources will be developed. Donald Trump's kidnapping of Venezuela's Nicolás Maduro, putting his deputy – Delcy Rodríguez – in his place as president, and then her signing a deal handing a fifth of the country's proven oil reserves to the US, amount to a modern version of 19th-century gunboat diplomacy. Regime change supplied America's commercial concession.This won't bother Mr Trump. But it should. The US president has oversold his neocolonial spoils. The additional production Venezuela is supposed to bring online might bring down oil prices eventually, but not anytime soon. Crucially, what Mr Trump calls “the biggest oil deal in history” won...
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