Tag: crude

Energy prices soar to levels not seen in years as Iran names new supreme leader and digs in

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Crude oil prices spike near $120 a barrel as the Iran war impedes production and shipping

CHICAGO — Oil prices spiked near $120 per barrel before falling back Monday as…

Oil gives the U.S. major leverage over Venezuela. How will the Trump administration use it?

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Trump administration seizes control of Venezuelan oil sales and crude flow indefinitely

January 7, 2026

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