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40 articles with this tag

Trump Announces Landmark US-Venezuela Oil Deal to Double American Reserves and Lower Gas PricesEconomy

Trump Announces Landmark US-Venezuela Oil Deal to Double American Reserves and Lower Gas Prices

President Donald Trump announced a new oil agreement with Venezuela to secure majority control over 65 billion barrels of reserves, a move intended to double US reserves and lower gas prices.

Egypt Independent|August 29, 2026|1
US Nears Landmark Agreement to Secure Venezuelan Oil Fields and Boost Energy SuppliesEconomy

US Nears Landmark Agreement to Secure Venezuelan Oil Fields and Boost Energy Supplies

The Trump administration is reportedly close to finalizing an agreement with Venezuela to secure long-term access to vital crude reserves and boost American energy supplies.

Al Jazeera English|August 28, 2026
Oil Prices Plunge Over 3% to One-Week Low Following Sweeping US Sanctions on IranEconomy

Oil Prices Plunge Over 3% to One-Week Low Following Sweeping US Sanctions on Iran

Oil prices dropped over 3 percent to a one-week low as investors evaluated the impact of sweeping new US economic sanctions on Iran and ongoing regional tensions.

The National|August 25, 2026|1
US Imposes Stiff New Sanctions on Iran Amid Escalating Economic PressuresEconomy

US Imposes Stiff New Sanctions on Iran Amid Escalating Economic Pressures

The US administration has unveiled severe new economic sanctions and a naval blockade targeting Iran's oil, aviation, and shipping sectors as the ongoing conflict approaches the six-month mark.

Al Jazeera English|August 25, 2026|1
Iran Prepares for Severe New US Economic Sanctions Amid Escalating ConflictEconomy

Iran Prepares for Severe New US Economic Sanctions Amid Escalating Conflict

Iran is bracing for severe new US economic sanctions and an 'economic D-Day' as military officials and analysts weigh the impact on the struggling Iranian economy.

Al Jazeera English|August 24, 2026|1
Global Petrol Prices Surge Across 145 Countries Following War in IranEconomy

Global Petrol Prices Surge Across 145 Countries Following War in Iran

Petrol prices have surged in at least 145 countries over the past six months following the war in Iran, driving up transportation and food costs globally.

Al Jazeera English|August 24, 2026|1
High-Stakes Energy Battleships: Navigating the Crisis in the Strait of HormuzEconomy

High-Stakes Energy Battleships: Navigating the Crisis in the Strait of Hormuz

A high-stakes energy crisis unfolds in the Strait of Hormuz as shipments navigate security threats, disputed oil export figures, and mounting international sanctions.

The National|August 24, 2026|1
Oil Set for Weekly Gains While Gold and Bitcoin Surge on US Treasury Buyback Plans and Iran TensionsEconomy

Oil Set for Weekly Gains While Gold and Bitcoin Surge on US Treasury Buyback Plans and Iran Tensions

Oil prices are heading for a weekly gain alongside surging gold and Bitcoin prices driven by US Treasury buyback plans and escalating tensions with Iran.

The National|August 21, 2026|1
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