Oil rises 1% as Trump plans tariff on countries that buy Venezuelan oil, gas

https://www.reuters.com/markets/commodities/oil-prices-hold-steady-investors-monitor-russia-ukraine-ceasefire-talks-2025-03-24/

by maki23

4 comments
  1. Price gains were capped, however, as the U.S. gave oil producer Chevron until May 27 to wind down its oil operations and exports from Venezuela. Trump had initially given Chevron 30 days from March 4 to wind down that license.

  2. Correct me if I’m wrong, but doesn’t the oil recently extracted via fracking in Texas, have to be sent overseas to be refined due to lack of specialised facilities?

  3. Tragic to raise gas prices when the economy we inherited from Biden is “headed for collapse like you’ve never seen”.

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