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Oil Prices Rebound from 2-Month Lows After Trump Revokes Chevron’s Venezuela License
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News Editor / 6 months
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- 1 min read
Oil prices saw a notable recovery from two-month lows on Tuesday, driven by geopolitical tensions after U.S. President Donald Trump revoked Chevron’s authorization to operate in Venezuela. The decision, which came as a surprise to many, has raised concerns about potential disruptions in global oil supply, particularly from Venezuela, a key OPEC member. Brent crude […]