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Oil rises as market focuses on Venezuela and US sanctions plans
Oil prices climbed after two days of losses as investors weighed Venezuela crude flows and progress on U.S. Russia sanctions.
US says it needs to control Venezuelan oil sales indefinitely to drive change
The U.S. aims to control Venezuela’s oil sales and revenue indefinitely to stabilize its economy and rebuild production.
Trump administration unveils new offshore drilling plan
Trump administration proposes offshore drilling off California, Florida, and Alaska, sparking economic and environmental concerns.
Trump administration says it will expand coal leasing, fund coal plant upgrades
WASHINGTON (Reuters) -The Trump administration will expand coal mine leasing on federal lands and provide hundreds of millions of dollars to support more coal-fired power generation, officials said on Monday. The plan is part of a broader effort by the administration to reverse the decline of coal use in the U.S., a fossil fuel that […]
