The U.S. naval blockade of Venezuela has cost $700 million already—and is rising by $9 million daily
Trump is urging U.S. oil companies to return to Venezuela but question marks remain with instability, high costs, and weak oil prices.
Business
Trump: Venezuela to sell 30m-50m barrels of ‘high quality’ oil to U.S. at market price
Separately, the White House is organizing an Oval Office meeting with oil company executives, a person familiar with the matter said.
Feds are hunting teenage hacking groups like ‘Scattered Spider’ who have targeted $1 trillion worth of the Fortune 500 since 2022
Rogue teens have attacked some 120 companies—including Nike, Chick-fil-A, Instacart, and News Corporation—often posing as IT staff.
Why one of the world’s most qualified chief design officers calls Samsung his ‘dream job’
Samsung has turned to an outsider—Mauro Porcini—and asked him use his approach to design to help the Korean company keep ahead of its competitors.
Under Biden, America got 150 countries to agree a 15% global corporate tax. Under Trump, America gets an exemption
Scott Bessent called it “a historic victory in preserving U.S. sovereignty and protecting American workers and businesses from extraterritorial overreach."
Energy stocks rip as JP Morgan estimates the U.S. could hold 30% of all the world’s oil
U.S. control of the Venezuelan energy industry could “reshape the balance of power in international energy markets,” analysts with JP Morgan wrote Monday.
Trump tells NBC U.S. may reimburse firms for Venezuela oil efforts
Energy experts say reviving Venezuela’s oil industry could be a decade-long process, and could cost upwards of $100 billion.
OPEC+ sticks with plan to keep oil flow steady amid turmoil
Key members led by Saudi Arabia and Russia agreed on Sunday to keep production levels steady through the end of March.
After Venezuela raid, Trump says ‘We do need Greenland, absolutely’ — prompting Denmark to warn U.S. has ‘no right to annex’ the territory
“I would therefore strongly urge the U.S. to stop threatening a historically close ally and another country and people who have made it very clear that they are not for sale.”
