Trump Threatens Tariffs Against Countries That Buy Venezuelan Oil

Trump Threatens Tariffs Against Countries That Buy Venezuelan Oil

The president threatened to wield tariffs like financial sanctions, saying that countries that buy Venezuelan oil would see tariffs put on their exports to the United States.
Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases

Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.