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26.12.25 - 17:01
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How geopolitical tensions could impact oil prices (CNBC)
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John Kilduff, founding partner at Again Capital, and Rob Thummel, senior portfolio manager at Tortoise Capital, join 'Squawk on the Street' to discuss the impact of geopolitical tensions on oil prices, whether U.S. producers will keep pumping oil, and more....
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25.12.25 - 13:54
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White House Orders Venezuelan Oil "Quarantine" As Gunboat Diplomacy Drives Dark Fleet Tanker Into Atlantic (ZeroHedge)
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White House Orders Venezuelan Oil "Quarantine" As Gunboat Diplomacy Drives Dark Fleet Tanker Into Atlantic
The Trump administration has ordered the U.S. military to enforce a two-month "quarantine" of Venezuelan oil, signaling an intensification of gunboat diplomacy aimed at fostering regime instability in Caracas, with potential spillover effects that could ripple across the Caribbean into Cuba.
"While military options still exist, the focus is to first use economic pressure by enforcing sanctions to reach the outcome the White House is looking (for)," a U.S. official told Reuters on Wednesday afternoon, speaking on condition of anonymity.
The U.S. Coast Guard has already intercepted two Venezuelan crude tankers this month and is prepared to seize another dark fleet tanker, but the vessel Bella-1 was chased away.
Sources familiar with the sanctioned Bella-1 told Bloomberg that the tanker retreated into the Atlantic after being pursued by U.S. Coast Guard forces.?...
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