Trump’s blockade of Venezuela’s oil tankers: Will it cause disruption in global market?
US President Trump's blockade on Venezuelan oil tankers is unlikely to significantly impact global crude prices, according to Kpler. The market's two-tiered nature and ample supply from other sources, including Iran and Russia, mean disruptions will primarily affect a small group of buyers, particularly in China and Cuba.
US President Trump's blockade on Venezuelan oil tankers is unlikely to significantly impact global crude prices, according to Kpler. The market's two-tiered nature and ample supply from other sources, including Iran and Russia, mean disruptions will primarily affect a small group of buyers, particularly in China and Cuba.
