Trump’s plans for defense spending, Venezuelan oil, Ford’s push for hands-free driving, and more in Morning Squawk
Good Thursday to you. By now, it should be clear that I have a penchant for clichés. So, as the S&P500 faces its initial losing day of the year, perhaps we can take comfort in that old saying: “It’s a marathon, not a sprint.” This morning, stock futures dipped following a mixed trading session. Here […]
Mike Collins criticizes Jon Ossoff for not speaking on Maduro and highlights Laken Riley’s connection to a Venezuelan murderer
Georgia Republican Rep. Mike Collins criticized the lack of response following Nicolas Maduro’s arrest, asserting that Jon Ossoff “sat by and did nothing” after a Venezuelan undocumented immigrant killed Laken Riley. Collins, who is challenging Ossoff in the upcoming election, expressed disapproval of the Democrats’ inaction following Riley’s violent death. For context, Ossoff initially opposed […]
Venezuelan government confirms discussions about selling oil to the U.S.
Venezuela in Talks to Sell Oil to the U.S. On Wednesday, Venezuela’s state oil company, PDVSA, announced it is negotiating with the United States to sell oil. According to a statement shared via social media, PDVSA mentioned that discussions regarding oil sales to the U.S. are occurring “within the framework of the commercial relations that […]
Trump’s seizure of Venezuelan oil frustrates America’s opponents
The U.S. military apprehended Venezuelan leader Nicolas Maduro on Saturday, bringing him to New York to face charges related to drugs, narco-terrorism, and arms. Just a few days prior, last month, President Donald Trump initiated a naval blockade against sanctioned oil tankers heading to Venezuela. This move is part of discussions with remnants of Maduro’s […]
The return of Venezuelan oil in Texas and its impact on US fuel costs
Texas may soon see a new supply of Venezuelan crude oil as shipments could start arriving at its ports, among others, possibly next week. This thick, tar-like oil will be processed at nearby refineries that specialize in heavy crude. This movement follows an announcement from President Donald Trump about a significant transfer of 50 million […]
China Anticipated to Substitute Venezuelan Oil with Iranian Crude
Oil analysts suggest that, following the recent arrest of Nicolás Maduro by U.S. forces, China might shift away from Venezuelan oil imports and instead turn to increased Iranian crude purchases. On Tuesday, interim President Delcy Rodríguez, alongside other Venezuelan officials, unveiled a plan to sell up to $2 billion worth of oil to the United […]
Venezuelan oil exports to the US increase after Maduro’s arrest warrant
Maritime intelligence experts indicate that a significant quantity of Venezuelan oil is being rapidly shipped to the U.S. following the arrest of former President Nicolas Maduro. Michel Wiese-Bockmann, a senior maritime intelligence analyst, noted that around “15 very large crude oil carriers,” amounting to 50 million barrels, are expected to be involved. The company Upwind […]
U.S. to Regulate Venezuelan Oil Exports Permanently
U.S. to Sell Venezuelan Crude Oil Indefinitely Energy Secretary Chris Wright announced on Wednesday that the Trump administration plans to sell Venezuelan crude oil “indefinitely” while managing the funds generated from these sales. This move is part of a broader strategy aimed at gaining control over Venezuelan oil exports and revitalizing the country’s energy sector. […]
Patriots’ Andy Borregales, Raised Under Venezuelan Oppression, Commends Capture Of Nicolás Maduro
New England Patriots kicker Andy Borregales stood by his locker after a commanding 38-10 win against the Miami Dolphins on Sunday, and his postgame vibe reflected more than just happiness about the game. Originally from Caracas, Borregales felt a personal triumph this weekend with the arrest of Venezuelan leader Nicolas Maduro. “I was kind of […]
Trump targets Caracas, takes Venezuelan leader Maduro captive
White House Collaborates with Transitional Authorities in Venezuela The Trump administration has reportedly been in discussions with the transitional authorities in Venezuela, illustrating a commitment to maintaining U.S. influence following the potential removal of dictator Nicolas Maduro. Recently, President Donald Trump made an announcement regarding a military operation aimed at seizing control in Caracas. His […]