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Keywords: VENEZUELA
Venezuela’s monthly inflation rate fell to 14.6 % in February, official figures show, down sharply from a 32.6 % increase recorded in January, according to the country’s central bank. While the monthly rate moderated, annualized inflation remains extremely high. Based on the central......
Authorities in the United States and Venezuela are reviewing dozens of confidential oil agreements signed during the rule of former leader Nicolás Maduro, according to Bloomberg, as part of an investigation that could complicate efforts to revive the country’s struggling oil sector. The......
Cuba is sliding deeper into economic turmoil as a sweeping United States oil embargo has throttled fuel supplies to the island, triggering emergency rationing, prolonged blackouts and the grounding of flights during the peak tourism season. President Donald Trump has framed the measures as leverage to......
Qatar’s Prime Minister Sheikh Mohammed ben Abdelrahmane al-Thani arrived in Caracas on Tuesday and was officially received by Venezuela’s foreign minister Yván Gil, state television footage showed, marking the highest-level diplomatic engagement between Doha and Caracas since the United......
Venezuelan opposition leader María Corina Machado told an international audience that the collapse of President Nicolás Maduro’s regime in Venezuela would trigger a broader liberation across the region, predicting that Cuba and Nicaragua would be next to break free from authoritarian......
Venezuela’s state oil company, Petróleos de Venezuela, S.A. (PDVSA), has limited crude sales over the past two weeks to companies holding individual licences from the United States, curbing exports despite a broader general licence issued by US authorities earlier this year. According to......
Russia has launched emergency evacuation flights for thousands of its citizens stranded in Cuba after a severe jet fuel shortage disrupted air traffic to and from the Caribbean island. The crisis has left Cuba without stable fuel supplies since December, intensifying economic and humanitarian pressures......
US Energy Secretary Chris Wright arrived in Caracas on Wednesday for talks with Venezuela’s interim president Delcy Rodríguez, marking the highest level visit by a US energy official to the South American country in nearly three decades. The meeting at the Miraflores presidential palace......
Venezuela's National Assembly approved a sweeping overhaul of the country's hydrocarbons law on Thursday, dismantling over two decades of state dominance in the oil sector and opening the door to private investment in the world's largest proven crude reserves. The vote signals a dramatic......