(Bloomberg) — China’s private refiners, long plagued by excess capacity and paper-thin margins, are facing yet another setback as the Trump administration imposes a 25% tariff on any buyer of Venezuelan oil and gas. Most Read from Bloomberg Beijing has had close commercial and political ties to Venezuela for years, fostering close connections to both…
President Donald Trump on Saturday invoked the Alien Enemies Act for the first time since World War II, granting himself sweeping powers under a centuries-old law to deport people associated with a Venezuelan gang. Hours later, a federal judge halted deportations under Trump’s order. The act is a sweeping wartime authority that allows non-citizens to…
(Reuters) -Venezuelan President Nicolas Maduro said on Saturday that scheduled flights to bring home Venezuelan migrants from the U.S. had been affected by “this unexplained, tremendous commotion”, after the Trump administration canceled a license allowing Chevron to operate in the South American country. Earlier in his remarks Maduro said that if it was up to…
CARACAS, Venezuela (AP) — Non-governmental organizations in Venezuela on Saturday announced the release from prison of some of the thousands of people who were detained during and after the deadly anti-government protests that followed the July presidential election, whose results remain under dispute. Their release happened a day after the attorney general, who is loyal…
Topline Silicon Valley billionaire Vinod Khosla has demanded an apology from Elon Musk after the owner of X attacked Khosla for his role in an ongoing public land battle in California—extending a monthslong on-and-off feud between the two tech billionaires. Vinod Khosla speaks at the 2024 Forbes Iconoclast Summit at Cipriani Wall Street on June…