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VENEZUELA ECONOMIC OUTLOOK
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...- Is Donald Trump losing Iran war? Strait of Hormuz holds keyDonald Trump is now at risk of seeing the U.S. and its Gulf Arab allies emerge from the conflict worse off while Iran, though battered mili...
- Three months in, is Trump losing the Iran war?America's military actions against Iran three months ago are now being questioned. President Trump faces doubts about achieving a clear geo...
- Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: ReportA prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, accor...
- The Hormuz blockade: Why a fragile ceasefire may not lower global oil pricesBrent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global ...
- ‘Iranians now blame US-Israel, not Tehran, for their economic woes’Iran's economy, known as the 'resistance economy', is facing severe impacts from the ongoing US-Israel war. Economic pressures are mounting...
- IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
- Heavy Crude, Heavy Consequences: Why Venezuela’s shock tests Canada’s oil economyA U.S. operation in Caracas and plans to assume control of Venezuela’s oil assets have revived heavy crude flows, posing a direct competiti...
- Maduro's fall raises Venezuelans' hopes for economic bountyAfter the US raid that deposed Nicolas Maduro as Venezuela's leader, citizens hope the ensuing talks on selling its oil to the United State...
- Crude oil slumps, Asian shares edge lower as global tensions climbAsian markets reacted to Venezuela's political shifts, with crude oil prices dropping and resource stocks rising. Japan's shares dipped, wh...
- Dollar meanders as traders await key US economic dataThe dollar remained stable ahead of key U.S. economic data, which traders deem more influential than geopolitical tensions. Markets largely...
- Trump administration's capture of Venezuela's leader Nicolas Maduro poses risk to U.S. economy? Minneapolis Fed president sends warningStock Markets are largely shrugging off events in Venezuela, after a U.S. raid led to the capture of President Nicolas Maduro.
- Oil climbs `green shoots' to longest run of gains since 2017Amid a mixed economic outlook, investors are “excited about any green shoots”
- Oil prices slide on concerns of sharp economic slowdownBrent crude oil futures were at $66.79 per barrel at 0022 GMT, down 29 cents.
- Oil hovers just below 2019 highs as markets look to trade talksInternational Brent crude oil futures were at $66.52 per barrel at 0755 GMT.
- US oil prices dip on rising crude inventories, record outputUS crude oil inventories climbed by 1.3 million barrels in the week that ended Feb. 1
- Oil hits 2019 high near $64 on Venezuela sanctions, OpecU.S. crude hit a 2019 high of $55.75 and was later up 33 cents at $55.59.
- Oil stable as economic outlook weighs, Venezuela concerns supportInternational Brent crude oil futures were 1 cent above their last close
- IMF sees Venezuela inflation at 10 million per cent in 2019Venezuela's economy has steadily deteriorated since the crash of oil prices in 2014 left it unable to sustain a socialist system of subsidi...
- S&P downgrades the fifth largest oil exporter Venezuela's rating to B-plus from BB-minus; focus on political riskThe country posts steady current account surpluses which, combined with strict capital controls, result in positive net asset positions.
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