ACN Business

Black-market oil buyers will push Venezuela for bigger discounts following US seizure – starving Maduro of much-needed revenue

Written by Francisco J. Monaldi, Wallace S. Wilson Fellow in Latin American Energy Policy, Rice University

A video posted on Attorney General Pam Bondi's X account shows the moment an oil tanker was seized by U.S. forces off the coast of Venezuela.U.S. Attorney General's Office/X via AP

The U.S. seizure of an oil tanker off the Venezuelan coast looks designed to further squeeze the economy of President Nicolás Maduro’s country.

The Dec. 10,...

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Black-market oil buyers will push Venezuela for bigger discounts following US seizure – starving Maduro of much-needed revenue

Halving the fuel excise is smart politics, but flawed policy

Why does chocolate cost so much this Easter, when cocoa’s price is at a 3-year low?

‘Drive-off’ fuel thefts cost $80 million even before the war – and they’re heading up

War could add an extra 5% to prices in Australia – but there’s one sector that shields the economy

Compulsory super is higher than ever at 12%. But cutting it would hurt low-paid workers most

A crucial meeting aims to remake the WTO to fit the new global order

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

4 Tips For Protecting Your Business

SevenRooms creates its inaugural Customer Advisory Board

Here Are The Top 4 Christmas Gift Basket Ideas for The Holidays

How to Apply for More Jobs in Less Time Using AI Automation

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

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