Oil prices fall as President Trump vows to take control of Venezuelan oil revenues

James Murray
clock • 5 min read
An oil tanker in docked at a port in Venezuela | Credit: iStock
Image:

An oil tanker in docked at a port in Venezuela | Credit: iStock

President announces that Venezuela is to hand over between 30 and 50 million barrels of oil to the US following military action

Global oil prices fell by over one per cent in trading today, after US President Donald Trump announced the White House would take control of revenues generated from the sale of blockaded Venezuelan oil...

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