Exxon Mobil's Guyana oil ventures are booming, but face challenges from local politics and a territorial dispute with Venezuela.
Pentagon's Office of Strategic Capital is reportedly aiding President Trump's Venezuela oil deal.
Venezuelans protest a U.S. oil deal, calling it a new form of colonialism that threatens national identity.
Thousands flock to Patagonia's Vaca Muerta for oil jobs, hoping to revive Argentina's struggling economy amidst inflation and debt.
Iran vows to defy US sanctions and warns of potential disruption to oil shipments from the Persian Gulf.
Iran warns Gulf states against joining US economic war, threatening to block all oil exports from the region.
Iran claims control of the Strait of Hormuz and new strikes on US targets, but President Trump denies the blockade.
China's substantial oil reserves position it to navigate global energy market shifts, including potential Strait of Hormuz reopenings, without immediate purchase increases.
A Russian oil tanker en route to Cuba has changed course, intensifying the island's fuel crisis amid a U.S. blockade.
Exxon Mobil is reportedly close to a deal to resume oil production in Venezuela, a move with significant geopolitical and economic implications.