The US Has to Reopen the Strait of Hormuz as Soon as Possible

Whether President Donald Trump wins the Third Gulf War will depend alot on whether the Pentagon can effectively reopen the Strait of Hormuzfor oil…

Iran oil inventories slump with wave of protests, says tracker site

Last summer, when Iran came under attack from the U.S. and Israel, it raced to get its oil out to the world as quickly…

Venezuela crisis: Why oil is power

Donald Trump believes that through control of Venezuela’s vast oil reserves he can dictate the country’s future, enrich American companies and send a message…

Reviving Venezuela’s oil industry may be harder than Trump thinks – and this is why

It will take up to seven years and over £80bn to get the country’s oil industry back up and running, experts say….

The catastrophic state of Venezuela’s oil facilities 

Donald Trump wants a Venezuelan oil reboot. But years of neglect have left corroded tanks, leaking pipelines and collapsing production….

Venezuela’s Oil Infrastructure Needs $100B Rebuild

Venezuela holds some of the largest proven oil reserves in the world, but the country’s oil infrastructure is in deep decline, limiting production and…