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Trump's Venezuela Oil Push Hits A Roadblock
Trump's Venezuela Oil Push Hits A Roadblock
Venezuela's long-awaited oil revival has been slower than many in Washington anticipated., according to the Wall Street Journal.
Seven months after Nicolás Maduro's removal, negotiations between the interim government and major U.S. energy companies remain bogged down, with no landmark investment deals despite the country's vast crude reserves.
Rather than rushing back into the country, firms such as ExxonMobil and Chevron are taking a cautious approach. Executives remain wary of Venezuela's history of nationalizing foreign assets, unresolved compensation disputes dating back to the Chávez era,...
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Mar 10, 2026 / Tyler Durden
Stocks Jump, Oil Tumbles After IEA Calls Extraordinary Meeting To Decide On SPR Release
Stocks Jump, Oil Tumbles After IEA Calls Extraordinary Meeting To Decide On SPR Release
With oil reversing much of the overnight losses as we neared the start of US cash open trading, futures slumped and it felt like we were back to square one.
That's when the jawboning out of the G7 members - many of whom are already at their breaking point in terms of soaring input costs - decided to double down on the jawboning rhetoric from yesterday - and hinted strongly that an SPR release could be imminent.
The...
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Jun 3, 2026 / Dave DeCamp
Ukrainian Drones Target St. Petersburg on First Day of Economic Forum as Part of Major Drone Attack
Ukrainian drones targeted the Russian city of St. Petersburg on the first day of an annual international economic forum in the city as Ukrainian forces launched a major drone attack across several Russian regions, a day after massive Russian strikes across Ukraine. The Russian Defense Ministry said that its forces shot down a total of […]
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Oct 9, 2026 / Tyler Durden
War Department Expands Use Of High-Energy Laser And Microwave Capabilities
War Department Expands Use Of High-Energy Laser And Microwave Capabilities
Authored by Naveen Athrappully via The Epoch Times,
The Department of War (DOW) has announced the selection of four high-energy laser and high-powered microwave systems to expand its operational capabilities across the United States.
The directed-energy systems were selected following a counter-drone pilot program by the Joint Interagency Task Force 401, according to an Oct. 5 DOW statement.
"High-energy lasers and high-powered microwave systems are tools that can be effectively used in a layered drone defense," said U.S. Army Brig. Gen. Matt Ross,...
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