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Oil Prices Boom Now; Trump Orders Blockade of All Sanctioned Oil Tankers Entering & Leaving Venezuela
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US President Donald Trump ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela, accusing Venezuela's President Nicolas Maduro of using oil revenues to fund illegal activities, including narcoterrorism. Stimulated by the news, New York oil futures for January delivery last added 0.9% to US$55.77, while Brent oil futures for February delivery lifted 0.85% to US$58.42. AASTOCKS Financial News Website: www.aastocks.com |
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