Category: United States International Relations

Chevron Expansion in Venezuela Extends U.S. Influence Over Oil Riches

The New York Times – Business:
The U.S. energy giant, which stayed in the country after other Western companies left, will invest $7 billion in the country to more than double its production there.
At G20 Meeting, Scott Bessent Accuses China of Flooding the World With Cheap Exports

The New York Times – Business:
Treasury Secretary Scott Bessent accused China for flooding the world with its cheap exports.
What to Know About Venezuelan Energy Following Trump’s Oil Deal

The New York Times – Business:
The Trump administration’s deal with a private oil company to increase oil production in the South American country could take many years to come to fruition.
Treasury Secretary Scott Bessent Says US Has Support for Economic War Against Iran

The New York Times – Business:
The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.
How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

The New York Times – Business:
The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.
U.S. Strikes May Have Targeted a New Type of Iranian Naval Mine

The New York Times – On the Runway:
The U.S. military said its attacks against Iran were in response to a threat to the Strait of Hormuz.
Summit With Russia, India and Iran Shows Leverage Wars Have Given Xi of China

The New York Times – On the Runway:
A two-day conference of the 10-nation Shanghai Cooperation Organization in Kyrgyzstan shows the limits of U.S. economic warfare.
Why the United States Can’t Quit Its Wars

The New York Times – On the Runway:
The country’s longest war came to an end exactly five years ago. Today it offers lessons for policymakers seeking to avoid an endless war in Iran.
U.A.E. To Review Banque Misr, Targeted by Iran Sanctions

The New York Times – Business:
The Treasury Department accused Banque Misr’s branches in the United Arab Emirates of helping Iran. The Emirati central bank promised an examination.
Trump’s Venezuelan Oil Deal Relies on a Powerful and Divisive Partner

The New York Times – Business:
The administration will work with a private Venezuelan oil company that has close ties to the country’s government.
Trump Says U.S. Has Deal for Control of Large Share of Venezuela’s Oil

The New York Times – Business:
The president said an agreement between the countries involved “a partnership with private business” and more than 65 billion barrels of reserves.
Oil Giant Chevron Is Said to Be in Talks to Expand in Venezuela

The New York Times – Business:
Chevron, the second largest U.S. oil company, is building on its wager to remain in Venezuela, where it already accounts for about a quarter of the country’s oil production.