President Donald Trump told reporters he expects the U.S. and Cuba to 'make a deal,' adding that he does not believe military action will be necessary. The brief comments offered no specifics on the nature or timing of any potential agreement.
U.S. President Donald Trump confirmed he spoke with Venezuelan interim President Delcy Rodriguez about elections. The talks, which took place at the UN, also reportedly included the restructuring of Venezuela's defaulted sovereign debt.
The European Union has alerted member states to a potential energy price crisis driven by Middle East conflict, recommending immediate demand curbs and flexible gas storage management as winter approaches.
A forecast 'Super El Nino' in 2026-27 is expected to have a negligible impact on global liquefied natural gas demand, with any reduction falling within normal yearly fluctuations, according to a new analysis from Bernstein.
Venezuelan interim President Delcy Rodriguez's high-profile visit to the UN General Assembly concluded without any signed agreements on debt or energy and failed to produce a firm timeline for promised elections.
A promised democratic transition in Venezuela is likely to be delayed until late 2027 or beyond, according to political sources, as the interim government focuses on complex judicial and electoral reforms and the U.S. prioritizes economic stability and oil interests.
Iranian Foreign Minister Abbas Araqchi announced a 'concrete' seven-day plan to restore passage through the Strait of Hormuz, stating the decision now rests with the United States. The proposal could have significant implications for global oil markets.
Soybean prices rose as traders anticipated concrete news from a US-China summit, while rain-delayed harvests in the Midwest tightened near-term supplies.
A consortium of India's state-owned oil companies, including Indian Oil and Bharat Petroleum, has issued a joint tender to import approximately 2.75 million metric tons of liquefied petroleum gas from the United States for delivery throughout 2027.
