tensions

What does 303 billion barrels of Venezuelan oil look like? | US-Venezuela Tensions News

Oil becomes more meaningful when you turn it into fuel.

A barrel contains 159 litres of crude oil, or 42 gallons.

To use this oil, it must be refined. The refining process produces various products, including petrol, diesel, jet fuel and numerous household items, such as cleaning products, plastics and even lotions.

Once refined, a barrel typically produces about 73 litres, or 19.35 gallons, of petrol to power cars and trucks.

A pick-up truck that can drive 24 miles on 1 gallon of petrol, or 100km on 10 litres, can travel about 730km, or 450 miles, from one barrel of oil.

Put another way, one barrel of crude oil can fuel that pick-up on a trip from New York City to Cleveland, Ohio.

INTERACTIVE - Venezuela oil - How many Michigan stadiums could hold Venezuelas oil-1770023997
(Al Jazeera)

Now let’s scale that up to US national consumption. According to the US Energy Information Administration, the US has about 285 million motor vehicles and consumes nearly 9 million barrels of petrol every day.

If all of Venezuela’s crude oil were refined into petrol, it could supply US vehicles for roughly 40 years at today’s consumption rate.

INTERACTIVE - Venezuela oil - How long Venezuelas oil could fuel US cars-1770023993
(Al Jazeera)

Source link

Mexico to send humanitarian aid to Cuba amid Havana-Washington tensions

Mexican President Claudia Sheinbaum, seen speaking in a November 2024 press conference, announced on Sunday plans to send humanitarian aid to Cuba. File Photo by Isaac Esquivel/EPA-EFE

Feb. 2 (UPI) — President Claudia Sheinbaum of Mexico announced over the weekend plans to send humanitarian aid to Cuba amid rising tensions between Havana and Washington.

Since President Donald Trump oversaw last month’s U.S. military seizure of Venezuela’s authoritarian leader, Nicolas Maduro, he has focused on Cuba, warning that the nation is on the precipice of failing. Last week, Trump declared a national emergency in relation to Cuba and announced a mechanism to impose sanctions against any nation that provides the island nation with oil.

In the southwestern city of Guaymas, Sonora, on Sunday, Sheinbaum said Mexico plans to send food, household goods and essential supplies to Cuba through the Secretariat of the Navy while seeking to address the shipment of oil to the Caribbean island via “diplomatic channels,” according to a readout from her office.

“We are already doing all the work necessary to send humanitarian aid that the Cuban people need — other household items and supplies,” Sheinbaum said.

“That is important.”

Commenting on whether she has addressed Trump about the issue of shipping Mexican oil to Cuba, Sheinbaum said her secretary of Foreign Affairs, Juan Ramon de la Fuente, has discussed it with his American counterpart, Secretary of State Marco Rubio.

“And as I’ve said, we are exploring all diplomatic avenues to be able to send fuel to the Cuban people, because this is not a matter of governments but of support to prevent a humanitarian crisis in Cuba,” she said.

“In the meantime, we will send food and other important aid to the island.”

Mexico is an important supplier of fuel to Cuba, and even more so since the Trump administration cut off oil Venezuelan oil exports.

Last week, Sheinbaum paused oil shipments to Cuba, but said it was “a sovereign decision.”

Trump and Sheinbaum spoke on the phone for about 40 minutes Thursday and had what the American president called “a very productive conversation” about border-related issues, drug trafficking and trade.

On Thursday night, Trump declared a national emergency in relation to Cuba and the threat of tariffs, heightening uncertainty over Washington’s next steps toward the socialist island nation.

Sheinbaum was reportedly taken by surprise by this announcement, telling reporters during a Friday press conference that “We did not touch on the topic of Cuba,” directing her secretary of Foreign Affairs to get more information from the U.S. State Department.

“The imposition of tariffs on countries that provide oil to Cuba could create a far-reaching humanitarian crisis.”

The United States already enforces a decades-old embargo against Cuba that restricts most industries, while secondary sanctions penalize foreign companies that do business with Havana.

Source link

US envoy arrives in Venezuela to reopen mission after seven years | US-Venezuela Tensions News

Laura Dogu’s visit comes as Venezuela moves to privatise its oil sector under pressure from Trump.

The top United States envoy for Venezuela has arrived in Caracas to reopen a US diplomatic mission seven years after ties were severed.

Laura Dogu announced her arrival in a post on X on Saturday, saying, “My team and I are ready to work.”

Recommended Stories

list of 4 itemsend of list

The move comes almost one month after US forces abducted Venezuela’s then-president, Nicolas Maduro, from the presidential palace in Caracas, on the orders of US President Donald Trump.

Maduro was then taken to a prison in New York, and is facing drug trafficking and narcoterrorism conspiracy charges.

The move has been widely criticised as a violation of international law.

Venezuelan Minister of Foreign Affairs Yvan Gil wrote on Telegram that he had received Dogu, and that talks would centre on creating a “roadmap on matters of bilateral interest” as well as “addressing and resolving existing differences through diplomatic dialogue and on the basis of mutual respect and international law”.

Dogu, who previously served as US ambassador to Honduras and Nicaragua, was appointed to the role of charge d’affaires to the Venezuela Affairs Unit, based out of the US Embassy in Bogota, Colombia.

Venezuela and the US broke off diplomatic relations in February 2019, in a decision by Maduro after Trump gave public support to Venezuelan lawmaker Juan Guaido, who claimed to be the nation’s interim president in January that year.

Minister of the Popular Power for Interior Diosdado Cabello, one of Venezuela’s most powerful politicians and a Maduro loyalist, said earlier in January that reopening the US embassy in Caracas would give the Venezuelan government a way to oversee the treatment of the deposed president.

Although the Trump administration has claimed that Maduro’s abduction was necessary for security reasons, officials have also repeatedly framed their interests in Venezuela around controlling its vast oil reserves, which are the largest in the world.

Since the abduction, Trump has pressured Interim President Delcy Rodriguez to open the country’s nationalised oil sector to US firms.

The two countries have reached ‌a deal to export up ⁠to $2bn worth of Venezuelan crude to the US, and on Thursday, Rodriguez signed into law a reform bill that will pave the way for increased privatisation.

The legislation gives private firms control over the sale and production of Venezuelan oil, and requires legal disputes to be resolved outside of Venezuelan courts, a change long sought by foreign companies, which argue that the judicial system in the country is dominated by the governing socialist party.

The bill would also cap royalties collected by the government at 30 percent.

The Trump administration said on the same day that it would loosen some sanctions on Venezuela’s oil sector, and allow limited transactions by the country’s government and the state oil company PDVSA that were necessary for a laundry list of export-related activities involving an “established US entity”.

Trump has announced that he ordered the reopening of Venezuela’s commercial airspace and “informed” Rodriguez that US oil companies would soon arrive to explore potential projects in the country.

On Friday, Rodriguez announced an amnesty bill aimed at releasing hundreds of prisoners in the country, and said she would shut down El Helicoide, an infamous secret service prison in Caracas, to be replaced with a sports and cultural centre.

That move was one of the key demands of the Venezuelan opposition.

Source link

Iranian official says progress made on talks as US-Iran tensions persist | Conflict News

Ali Larijani says efforts to get a framework for negotiations are advancing, as a US naval deployment in the Gulf fuels concerns.

Iran’s top security official has said progress is being made towards negotiations with the United States, even as the Iranian foreign minister again accused Washington of raising tensions between the two countries.

Ali Larijani, the head of Iran’s Supreme National Security Council, said in a social media post on Saturday that, “unlike the artificial media war atmosphere, the formation of a structure for negotiations is progressing”.

Recommended Stories

list of 3 itemsend of list

Larijani’s post did not provide further details about the purported framework for talks.

Tensions have been rising between Iran and the US for weeks amid US President Donald Trump’s repeated threats to attack the country over a crackdown on recent antigovernment protests, and his push to curtail the Iranian nuclear programme.

The Trump administration has also deployed a naval “armada” to Iran, led by the USS Abraham Lincoln aircraft carrier, escalating fears of a possible military confrontation.

Senior Iranian leaders have said they are open to negotiations with Washington, but only once Trump stops threatening to attack the country.

Earlier this week, Trump said the US vessels being sent to Iran were ready to use “violence, if necessary” if Iran refused to sit down for talks on its nuclear programme.

US Central Command (CENTCOM) also warned Iran’s Islamic Revolutionary Guard Corps (IRGC) on Friday over its plans to hold a two-day naval exercise in the Strait of Hormuz, a Gulf maritime passage that is critical to global trade.

“Any unsafe and unprofessional behavior near US forces, regional partners or commercial vessels increases risks of collision, escalation, and destabilization,” CENTCOM said in a statement.

Iranian Minister of Foreign Affairs Abbas Araghchi hit back on Saturday, saying in a social media post that the US military, operating off Iran’s shores, “is now attempting to dictate how our Powerful Armed Forces should conduct target practice on their own turf”.

“CENTCOM is also requesting ‘professionalism’ from a national military the U.S. Government has listed as a ‘terrorist organization’, all while recognizing the right of that same ‘terrorist organization’ to conduct military drills!” Araghchi wrote.

The US designated the IRGC, an elite branch of the Iranian military, as a “terrorist” organisation in 2019, during Trump’s first term in office.

Araghchi added, “The presence of outside forces in our region has always caused the exact opposite of what is declared: promoting escalation instead of de-escalation”.

Reporting from the Iranian capital, Tehran, Al Jazeera’s Tohid Asadi said the situation remains “quite fragile and delicate” amid the US military buildup in the region.

Still, he said that Saturday’s statement by Larijani, the Iranian security official, about progress being made on efforts to hold negotiations was a “positive” sign.

“Diplomatic [efforts] are [on]going,” Asadi said, noting that senior Iranian officials have held talks with allies in recent days amid a push to prevent a confrontation between Washington and Tehran.

The Qatari Ministry of Foreign Affairs said Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani met with Larajani in Tehran on Saturday to discuss “efforts to de-escalate tensions in the region”.

Sheikh Mohammed reiterated Qatar’s “support for all efforts aimed at reducing tensions and achieving peaceful solutions that enhance security and stability in the region”, the ministry said of the talks in a statement.

“He also stressed the need for concerted efforts to spare the peoples of the region the consequences of escalation and to continue coordination with brotherly and friendly countries to address differences through diplomatic means,” the statement added.

Source link

Venezuela’s Rodriguez signs oil reform law while the US eases sanctions | US-Venezuela Tensions News

Venezuela’s interim President Delcy Rodriguez has signed into law a reform bill that will pave the way for increased privatisation in the South American country’s nationalised oil sector, fulfilling a key demand from her United States counterpart, Donald Trump.

On Thursday, Rodriguez held a signing ceremony with a group of state oil workers. She hailed the reform as a positive step for Venezuela’s economy.

Recommended Stories

list of 3 itemsend of list

“We’re talking about the future. We are talking about the country that we are going to give to our children,” Rodriguez said.

The ceremony came within hours of the National Assembly – dominated by members of Rodriguez’s United Socialist Party – passing the reform.

“Only good things will come after the suffering,” said Jorge Rodriguez, the assembly’s head and brother of the interim president.

Since the US military’s abduction of Venezuela’s former leader Nicolas Maduro and his wife Cilia Flores on January 3, the Trump administration has sought to pressure President Rodriguez to open the country’s oil sector to outside investment.

Trump has even warned that Rodriguez could “pay a very big price, probably bigger than Maduro”, should she fail to comply with his demands.

Thursday’s legislation will give private firms control over the sale and production of Venezuelan oil.

It would also require legal disputes to be resolved outside of Venezuelan courts, a change long sought by foreign companies, who argue that the judicial system in the country is dominated by the ruling socialist party.

The bill would also cap royalties collected by the government at 30 percent.

While Rodriguez signed the reform law, the Trump administration simultaneously announced it would loosen some sanctions restricting the sale of Venezuelan oil.

The Department of the Treasury said it would allow limited transactions by the country’s government and the state oil company PDVSA that were “necessary to the lifting, exportation, reexportation, sale, resale, supply, storage, marketing, purchase, delivery, or transportation of Venezuelan-origin oil, including the refining of such oil, by an established US entity”.

Previously, all of Venezuela’s oil sector was subject to sweeping US sanctions imposed in 2019, under Trump’s first term as president.

Thursday’s suite of changes is designed to make Venezuela’s oil market more appealing to outside petroleum firms, many of whom remain wary of investing in the country.

Under Maduro, Venezuela experienced waves of political repression and economic instability, and much of his government remains intact, though Maduro himself is currently awaiting trial in a New York prison.

His abduction resulted in dozens of deaths, and critics have accused the US of violating Venezuelan sovereignty.

Venezuela nationalised its oil sector in the 1970s, and in 2007, Maduro’s predecessor, Hugo Chavez, pushed the government to increase its control and expropriate foreign-held assets.

Following Maduro’s abduction, Trump administration officials have said that the US will decide to whom and under what conditions Venezuelan oil is sold, with proceeds deposited into a US-controlled bank account.

Concerns about the legality of such measures or the sovereignty of Venezuela have been waved aside by Trump and his allies, who previously asserted that Venezuelan oil should “belong” to the US.

Source link