# oil
Latest news and articles about oil
Total: 3 articles found
U.S. to Open Diplomatic Outpost in Venezuela as Washington Consolidates Control
U.S. Secretary of State Marco Rubio announced plans to open a diplomatic facility in Venezuela to obtain "real‑time information" and engage directly with Caracas following a U.S. operation that removed President Nicolás Maduro. The step formalizes Washington's on‑the‑ground role and raises questions about sovereignty, regional reactions, and future access to Venezuelan oil resources.
Gold and Silver Surge as US Markets Split; Intel’s Weak Guidance Sends Chips Reeling
On January 23, risk assets split: US major indices finished mixed while gold and silver surged to record nominal highs and oil rallied. Intel’s disappointing guidance triggered a sharp sell-off in its shares and weighed on semiconductor sentiment, even as select big-tech names gained. Commodity strength, driven by safe-haven flows and supply concerns, prompted Goldman to lift its 2026 gold target to $5,400 an ounce.
After the Raid: How a U.S. Strike on Caracas Reverberates Across Latin America
A U.S. military operation in early January that detained Venezuela’s president and transferred control of some Venezuelan oil has left Caracas on edge and reinvigorated regional anxieties about sovereignty and economic dependency. The incident has accelerated Latin American reconsideration of strategic alignments, highlighting both internal governance weaknesses and a growing appetite for alternatives to U.S.-centric models.