LND topic: oil-reserves page 1

oil reserves

Oil Reserve Boost: 40 Million Barrels Added After Iran Conflict

June 6, 2026

Companies that borrowed oil from the U. S. Strategic Petroleum Reserve will put an extra 40 million barrels into storage once the Iran war ends, Energy Secretary Chris Wright told Fox Business. The move comes as oil prices have climbed since the U. S. -Israel strike on Iran in February. Wright said

politics

Oil Release Moves to Calm Prices Amid Middle East Tension

March 11, 2026

The International Energy Agency (IEA) has decided to put 400 million barrels of oil into the market, its biggest release ever. This move follows earlier releases during Russia’s invasion of Ukraine and the Gulf War, showing how the IEA steps in when supply is threatened. Germany, Austria and Japa

politics

U. S. Policy in Venezuela: A Mess of Mixed Messages

January 18, 2026

The U. S. has been backing the opposition in Venezuela, claiming they won the last two elections. President Trump has called for Maduro's removal, accusing him of drug trafficking. However, in his speech after Maduro's capture, Trump barely mentioned drugs or democracy. Instead, he focused on Venezu

politics

U. S. Seizes Venezuelan Leader: What's Next?

January 4, 2026

Venezuela's President Nicolas Maduro is now in U. S. custody. This happened after a surprise operation by the U. S. military. They captured Maduro and his wife in Venezuela. Then, they flew them to New York. The U. S. President, Donald Trump, said the U. S. will now run Venezuela. He made this anno

politics

Venezuela's Oil: What's Next?

January 4, 2026

Venezuela sits on a goldmine of oil, the largest reserves globally. President Donald Trump recently hinted that removing Nicolás Maduro from power could unlock this treasure trove. He envisions U. S. oil giants pouring billions into fixing Venezuela's broken oil infrastructure. But is it that simple