Lucia Kassai

Europe’s diesel supply situation has gotten so tight that the region is drawing on imports from Mexico for the first time in seven years as the Iran war and a halt in Russian cargoes upends historical trade flows.

While Venezuela isn’t the powerhouse oil producer it used to be, the country nonetheless has some of the world’s largest oil reserves. Since the US seized then-Venezuelan President Nicolás Maduro on Jan. 3, the US has restored diplomatic ties and is working with interim President Delcy Rodríguez’s government in Caracas. But that relationship is highly conditional: US President Donald Trump has described Venezuela as the 51st state and said the US will “rebuild” the country’s underproducing oil i

Aunque Venezuela ya no es la gran potencia petrolera que fue en el pasado, el país cuenta con algunas de las mayores reservas de petróleo del mundo. Desde que Estados Unidos destituyó al entonces presidente venezolano Nicolás Maduro el 3 de enero, ha restablecido las relaciones diplomáticas y está colaborando con el gobierno de la presidenta interina Delcy Rodríguez en Caracas. Pero esa relación está sujeta a numerosas condiciones: el presidente estadounidense, Donald Trump, ha calificado a Vene

Brazil is about to kick off planting season, but farmers like Irineu Orth aren’t celebrating what’s set to be a record year for soybean crops. That’s because the global diesel crunch is colliding with a seasonal spike in demand for the workhorse fuel.

Asian refiners have increased purchases of Argentinian crude as the Iran war disrupts supply from the Middle East and drives competition for barrels from other regions.

Asian refiners have increased purchases of Argentinian crude as the Iran war disrupts supply from the Middle East and drives competition for barrels from other regions.

ASIAN refiners have increased purchases of Argentinian crude as the Iran war disrupts supply from the Middle East and drives competition for barrels from other regions.

Exports of Venezuelan crude oil rebounded in August, just as the administration of US President Donald Trump seeks greater control of the country’s oil sector.

While Venezuela isn’t the powerhouse oil producer it used to be, the country nonetheless has some of the world’s largest oil reserves. When the US seized then-Venezuelan President Nicolás Maduro on Jan. 3, US President Donald Trump was clear that the raid was as much about oil as it was about the narco-terrorism and drug charges leveled against the strongman leader now being held in a federal jail in New York City.

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