Oil deals are being struck between Iran and Venezuela.

The entities involved

• Venezuela →

  Country in Latin America

  • Leading military offensive against organized crime and management of shared border issues between Colombia and Venezuela.12:21
  • Trump administration is pursuing concrete actions against Nicolás Maduro, including targeting vessels and directing operations to capture him, while also welcoming Gustavo Petro.08:45

Related events

• Geopolitical tensions, including US/Iran fighting and Venezuelan expansion, are affecting crude supply and driving up Brent price forecasts from Goldman Sachs.Sep 11
• Trump administration applies sanctions and tariffs against Cuba. Oil shipments from Venezuela are targeted by new executive orders.Jun 22
• Sanctions easing is impacting oil exports from Venezuela, Iran, and Russia, according to reports from Beijing.Oct 15
• The Dominican Republic is exploring direct purchases of petroleum products from Venezuela.Oct 12
• Strategic objective is set to monetize oil reserves as the government mandates structural reforms for investment in the sector.Sep 4