Trump's Venezuela oil plan: A 14-year, billion-pound fix?
Donald Trump targets Venezuela's dense, heavy oil, but analysts warn it could take 14 years and billions to fix the industry. The Guardian's Jillian Ambrose explains the high-stakes play.
Category : Search result: oil debt
US Seeks Indefinite Control Over Venezuela Oil Sales
The White House plans indefinite control of Venezuela's oil sales, with Trump overseeing billions in revenue. US sanctions may ease as tensions with Russia and China flare.
Oil prices fall on Trump's Venezuela crude deal
Global oil prices dropped after Donald Trump said Venezuela would hand over up to 50 million barrels of sanctioned crude to the US, threatening an oversupplied market. Read the full analysis.
Trump's Venezuela Oil Move Labelled 'Imperialistic'
Yale professor Jeffrey Sonnenfeld slams US action on Venezuela's oil as 'confiscatory and imperialistic' amid a global glut. Read the full analysis of the controversial policy.
Trump Announces Major Venezuela Oil Deal
Donald Trump announces Venezuela will supply up to 50 million barrels of oil to the US, with proceeds under his personal control. Read the latest on this major energy development.
Trump's Venezuela Oil Plan Relies on US Firms
President Trump wants US oil companies to revive Venezuela's industry, but sanctions, infrastructure, and political uncertainty pose major hurdles. Analysis of the risks and rewards.
Recruitment Firm 'Phoenixism' Costs Taxpayers Millions
An investigation reveals how 'pre-pack' administrations allow directors to shed tax debts and resurrect businesses, costing the exchequer an estimated £840m annually. Read the full analysis.
Big Oil Wary of Rushing Back to Venezuela, Analysts Say
Despite Donald Trump's call for US oil firms to invest billions in Venezuela's crumbling industry, experts warn of high costs and political risks. Discover why a stampede is unlikely.
Trump's Venezuela Oil Plan: A Muted Market Response
Donald Trump's plan to extract wealth from Venezuela's heavy crude is a long-term play for US Gulf Coast refineries. We analyse the muted market reaction and the $185bn challenge.
China's Venezuela Risk After US Seizes Maduro
Beijing condemns US 'imperialist' action as Trump's seizure of Nicolás Maduro threatens China's $106bn investments and oil interests in Venezuela. Analysis of the diplomatic fallout.
US monitors tanker off Ireland in Venezuela oil blockade
A US military aircraft is tracking a sanctioned oil tanker 250 miles off Ireland, part of a major naval quarantine on Venezuelan oil. At least a dozen other vessels are attempting to evade the blockade. Read the latest developments.
UK credit card borrowing hits fastest annual rise in 2 years
UK households borrowed an extra £2.1bn in November as the cost of Christmas bit. Credit card borrowing grew at 12.1% annually, the highest rate since January 2024. Read the full analysis.
Oil falls on Trump's Venezuela pledge to unlock reserves
Brent crude dropped to $60.33 as markets assess the impact of US intervention in Venezuela's vast oil industry. A former Chevron executive seeks $2bn for projects. Read the latest analysis.
US aims to revive Venezuela's oil after Maduro's removal
Following the US intervention in Venezuela, Donald Trump pledges billions in American investment to tap the world's largest oil reserves. We analyse the challenges and global market impact. Read the full analysis.
AI's $400bn Debt Bubble Poses Major 2026 Economic Risk
The AI investment boom, fuelled by debt and soaring to $400bn in 2025, faces a reckoning as revenues fail to cover costs. Experts warn of a market correction with global consequences.
US Role in Venezuela's 'Bust' Oil Industry Explained
Analysis of Trump's plan for US oil majors to invest billions in Venezuela's crippled industry. Can it work, and what does it mean for China and global markets?
Trump's Plan for Venezuela's Vast Oil Reserves Explained
Donald Trump vows the US will 'run' Venezuela to tap its oil, the world's largest reserves. We analyse the strategic and economic drivers behind this high-stakes move. Read the full story.
Trump's Plan for Venezuela's Vast Oil Reserves
Donald Trump vows the US will 'run' Venezuela and tap its vast oil reserves. We explain the strategic importance of its 303 billion barrels and the huge challenges ahead.
US Oil Firms Silent on Trump's Venezuela Investment Claims
Donald Trump says US oil majors will spend billions rebuilding Venezuela's industry, but Chevron, ExxonMobil, and ConocoPhillips have not confirmed. Analysis reveals major hurdles.
LK Bennett files for administration for second time
The upmarket fashion brand LK Bennett has filed a High Court application to appoint administrators, putting 280 jobs at risk. Read the latest on the retailer's financial crisis.
Cleared £30k Debt in London Hostel
Zahra Khozema paid off £30,000 debt while living in a Notting Hill hostel for £80 a week. Discover her unique London money-saving story and tips.
UK Pays Off Final WWII Loan Instalment to US
On this day in 2006, Britain made its final payment on the post-war Anglo-American Loan. Discover the story of the 1945 agreement that signalled a shift in global power.
Shoppers Rave About Victoria Beckham's £90 Body Oil
Victoria Beckham's luxury Portofino '97 body oil, priced at £90, is receiving glowing reviews for its scent and shimmer, though some note packaging issues. Discover the premium alternative and a budget dupe.
Ukraine hits key Russian oil refinery with British missiles
Ukrainian forces have struck a major Russian oil refinery using British-supplied Storm Shadow missiles, targeting a key fuel supplier for Moscow's war effort. Read the latest on the escalating energy infrastructure attacks.
US Orders 'Quarantine' of Venezuelan Oil Shipments
The White House directs the US military to enforce a two-month oil 'quarantine' on Venezuela, escalating economic pressure on President Maduro. Read the latest on this strategic shift.
Trump's 'Resource Imperialism' on Venezuela Oil, Experts Warn
Experts condemn Donald Trump's push to seize Venezuelan oil as part of a broader 'resource imperialism' doctrine, drawing stark parallels with the Iraq war. Read the full analysis.
Father Rejects Santa Myth to Avoid Christmas Debt Trap
A writer explains his deliberate choice to not teach his children about Santa Claus, fearing the 'moral economy' of Christmas that judges parents by spending. With 1 in 3 UK families struggling, he calls for honesty over festive fantasy.
Single mum's Christmas money worry as costs soar
A single mother from Leicester reveals her stress over festive costs. With average UK spending at £1,626, expert advice offers budgeting tips to avoid debt.
Third US oil tanker pursuit off Venezuela in a week
US Coast Guard tracks another sanctioned oil tanker near Venezuela, escalating tensions. Trump's 'blockade' and military moves threaten regional stability and oil prices. Read the latest.
Economists call for Sri Lanka debt halt after cyclone
Over 120 leading economists, including Nobel winner Joseph Stiglitz, demand immediate suspension of Sri Lanka's debt repayments following catastrophic Cyclone Ditwah, which killed 600 and destroyed thousands of homes.
Page 1 of 4