Tag: Oil
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Mexico’s President Warns Trump Tariffs on Cuba Oil Could Trigger Humanitarian Crisis
Mexico cautions over U.S. tariffs targeting Cuba’s oil suppliers Mexico’s President Claudia Sheinbaum has joined a growing chorus of concern over recent U.S. proposals to impose tariffs on countries that supply oil to Cuba. She notes that such measures could exacerbate an already fragile situation on the island, where chronic fuel shortages have become a…
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Mexico Leader Warns Trump Tariffs on Cuba Oil Could Trigger Crisis
Mexico’s President Sounds Alarm Over U.S. Tariffs on Cuba’s Oil Mexico’s president, Claudia Sheinbaum, has publicly warned that new U.S. tariffs aimed at countries supplying oil to Cuba could provoke a humanitarian crisis on the Caribbean island. The warning comes as Cuba endures chronic fuel shortages, limited access to power, and a brittle supply chain…
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Mexico Warns Trump Oil Tariffs Could Spark Cuba Humanitarian Crisis
Mexico Sounds Alarm Over Tariffs on Cuba’s Oil Suppliers Mexico’s president, Claudia Sheinbaum, has voiced a stark warning about the potential consequences of newly proposed U.S. tariffs targeting countries that supply oil to Cuba. In a statement that underscored the region’s fragility, Sheinbaum argued that punitive measures could escalate Cuba’s chronic fuel shortages and heighten…
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Self-Enrichment vs Empowerment: Namibia’s Oil Licences and Public Resources
Introduction: The gnawing question of empowerment and public resources The debate over who benefits from a country’s natural resources is a longstanding one. In Namibia, discussions about oil exploration licenses touch a critical point: how public resources are allocated, who benefits from them, and whether such arrangements promote genuine empowerment for the broader population. This…
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The Real Reason Washington Wants Venezuela’s Oil: A Strategic Move for the Gulf Coast
Unpacking the Core Strategy When policymakers and industry observers discuss Washington’s interest in Venezuela’s oil, the conversation often centers on politics and sanctions. Yet beneath the headlines lies a straightforward, long-term energy strategy: securing access to heavy crude that the United States Gulf Coast refineries are built to process efficiently. Venezuela sits on one of…
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Oil Markets January 2026: Iran, Venezuela Tensions Shake Brent
Introduction: A Turbulent Start to 2026 The oil market started 2026 with notable volatility, driven by geopolitical tremors surrounding major exporters. Brent crude surged in the first weeks of January as concerns over potential supply disruptions intensified. While the broader macro backdrop included demand and inflation considerations, the immediate focus centered on Iran’s regional posture…
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Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil
What’s Really Driving Oil Prices Oil traders recently faced a paradox: prices surged on fears of U.S. strikes on Iran, only to retreat as the market reassessed the immediate risk and weighed a larger, longer-term reality. The dominant story now isn’t geopolitical escalation but an oil market saddled with excess supply. In short, the problem…
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Markets Rally as Trump Eases Iran Tension, but Tech Selling Persists
Markets Stabilize as Trump Signals Restraint on Iran Global markets staged a cautious rebound after President Donald Trump sought to calm investor fears about a potential U.S. military confrontation with Iran. The President’s remarks aimed at de-escalation appeared to take the wind out of a recent spike in energy prices and safe-haven demand, offering some…
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Markets Calmed as Trump Eases Iran Fears While Tech Rout Deepens
Markets Rally on Iran Anxiety Easing Global markets steadied on Thursday after President Donald Trump signaled a cooling of potential U.S. military action against Iran, sparking a relief rally that helped ease a spike in oil and gold prices driven by geopolitical risk. The cautiously optimistic tone offered relief to investors who had rotated away…
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Energy CS Pushes Parliament for Turkana Oil Project Support
Kenya’s Turkana Oil Project: A Call for Parliamentary Backing Energy Cabinet Secretary (CS) has formally appealed to Parliament to back the Turkana oil project, signaling a pivotal moment in Kenya’s drive to expand its energy portfolio. The request comes amid debates on fiscal planning, environmental safeguards, and local benefits as the government outlines a roadmap…