Oil prices remained under pressure today despite news that the United States will reimpose sanctions on Venezuela after the Maduro regime failed to guarantee free and fair elections.
Crude oil prices remained under pressure today despite the news that the U.S. will reimpose oil sanctions on Venezuela after a six-month pause. Countering this development, the EIA on Wednesday reported another weekly build in crude oil inventories that weighed on benchmarks as it brought the total oil in stock to the highest since June 2023, according to Bloomberg.
'I want to make it clear - we will make our own decisions, and the State of Israel will do everything necessary to defend itself,' Benjamin Netanyahu said following an urgent visit by the British and German foreign ministers aimed at convincing Israel to avoid a further escalation.
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