Oil Prices Rise as U.S.–Iran Talks Resume, Gas Gains 5% Crude oil prices managed a nearly 2% gain on Wednesday after investors learned nuclear talks between the United States and Iran were resuming, despite an earlier false report that suggested negotiations had collapsed. The initial report sent prices sharply higher. West Texas Intermediate crude surged …
U.S. Oil Leaders Express Reluctance on Venezuela Investment Despite President Donald Trump’s push to involve American energy companies in Venezuela following the U.S. capture of the country’s president, Oklahoma oil executives and major U.S. producers signaled deep skepticism about returning to the South American nation. Oklahoma City oilman Harold Hamm, founder of Continental Resources, stopped …
(Evana, an oil tanker, is docked at El Palito port in Puerto Cabello, Venezuela, Dec. 21, 2025. | Matias Delacroix/AP) Trump Ties Venezuela Compensation to U.S. Oil Investment Administration Sets Conditions for Recovering Seized Assets The Trump administration has made its position clear to U.S. oil and gas companies seeking compensation for assets seized by …
