The Iran War is Forcing Energy-Importing Countries to Turn Inward
The Iran war is pushing countries to prioritize domestic energy in order to protect themselves from volatile oil and natural gas markets.
Nationalization of Industry
An Industrial Gem in Venezuela Now Embodies the Country’s Decay
Cumaná was once an economic hub, producing Toyota Land Cruisers and exporting food across South America. Now it’s on the brink of disaster as public services collapse.
Venezuela Approves New Law to Open Mining to Foreign Investors
The move opens the country’s coveted mineral fortune up to foreign investors, the latest move that Venezuela’s leadership has taken to satisfy the Trump administration.
Not Just Oil: In Venezuela, U.S. Interior Secretary Pushes for Mining Access
Venezuela is home to large reserves of rare earths, gold and other valuable minerals that the Trump administration wants to exert more control over.
Not Just Oil: In Venezuela, U.S. Interior Secretary Pushes for Mining Access
Venezuela is home to large reserves of rare earths, gold and other valuable minerals that the Trump administration wants to exert more control over.
Trump’s Oil Grab in Venezuela Shatters an American Taboo
U.S. presidents have long been accused of plotting to control foreign oil. But President Trump has asserted a U.S. right to take it.
Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector
Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
Moscow Airport Sells for Half Off, a Sign of Russia’s Global Isolation
The government opened the sale to cut-rate bidding for Domodedovo Airport after it received no offers at its initial asking price of $1.7 billion.
The Unanswered Questions About Venezuela’s Environmental Future
The Trump administration has made no secret that it covets Venezuela’s oil reserves. What happens next could have serious implications for the planet.
Venezuela Braces for Economic Collapse From U.S. Blockade on Oil Exports
Venezuela could lose the bulk of its oil export revenues this year if the U.S. blockade stays in place, according to internal government estimates, a scenario that would set off a humanitarian crisis.