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(Bloomberg) — Chevron Corp. is set to expand its oil footprint in Venezuela, benefitting from its almost 20-year bet to remain in the country amid political and economic turmoil. Read More
(Bloomberg) — Inflation has sunk to a record low in emerging markets even as it accelerates in advanced economies, signaling developing countries are better placed to respond to higher energy prices and could see a rebound in their bonds. Read More
(Bloomberg) — The dollar gained after President Donald Trump ordered a blockade of the Strait of Hormuz following the weekend’s deadlock in US-Iran peace talks that pushed oil prices higher. Read More
(Bloomberg) — US President Donald Trump is invoking his Venezuela playbook with a pledge to blockade Iranian ships. But Iran poses more complicated logistics, higher risks for American soldiers and a more resilient enemy. Read More
(Bloomberg) — President Donald Trump said the US would attack any Iranian vessels that approach US ships in the Strait of Hormuz, as his naval blockade of the vital waterway took effect Monday. Read More