Venezuela

U.S. Refineries Stand to Benefit from Venezuelan Oil Returns as Heavy Crude Shortages Persist, Though Production Revival Faces Major Hurdles

The prospect of Venezuelan oil returning more freely to global markets could offer relief to U.S. refineries and consumers, potentially lowering fuel prices, but analysts caution that deep structural and political challenges make any rapid production rebound unlikely. Venezuela’s oil...
Venezuela Oil

US Tightens Control Over Venezuelan Oil and Hardens Its Cuba Policy, Mexico Quietly Emerges as a Crucial and Risky-Fuel Supplier to Havana

As the United States moves to tighten its grip on Venezuela’s oil sector and hardens its stance toward Cuba under President Donald Trump, Mexico has quietly emerged as a critical — and controversial — fuel supplier to the energy-starved Caribbean...