Burgum said given that US President Donald Trump had promised a golden age of abundance, the first critical mineral coming from Venezuela will be solid gold bars.
U.S. President Donald Trump spoke at the White House with the Inter Miami soccer team, outlining his foreign policy priorities. He said the United States aims to finish the conflict in Iran first before addressing Cuba, asserting that Cuba “wants to make a deal so badly.” Trump described Iran’s military as severely weakened, claiming that U.S. forces have destroyed a large portion of Tehran’s missiles, drones, navy, air force, and air defenses, with rapid retaliatory strikes neutralizing missile launchers within minutes. He said Iran had attempted to negotiate a deal but “a bit late,” emphasizing that the U.S. now seeks to fight harder. Trump also urged Iranian diplomats worldwide to request asylum and participate in shaping a “new and better Iran.” Regarding Venezuela, he praised acting President Delcy Rodríguez and said the situation had stabilized, noting that U.S.-imported Venezuelan oil was being refined and revenues returned. The Iranian mission to the UN declined to comment on these statements.
Venezuela is rich in minerals such as gold and diamonds, as well as bauxite, coltan and other rare materials used to make computers and mobile phones.
Chinese weapons systems faced scrutiny after reported failures in Pakistan, Venezuela and Iran, where air defences were allegedly breached by US and Indian strikes, raising questions over performance, integration and battlefield reliability.
Addressing the summit, Rubio staunchly defended the deadly operation that seized Maduro, saying that Venezuela has made "substantial" progress since then.
Despite the sharp criticism, the minister indicated that Caracas is not closing the door on diplomacy. "We have chosen to open a diplomatic channel to resolve our differences with that country," he said, highlighting a dual approach of protest and engagement.
For the coming fiscal, ONGC is targeting production of 42.5 million tonnes of oil equivalent and has charted out a Rs 32,000-33,000 crore capex plan
The migrants will be taken into custody when admitted into the US, the judge noted, but he wrote that this would at least put them in a better position to press their legal claims.
US Energy Secretary Chris Wright arrived in Caracas to assess Venezuela’s struggling oil industry and meet acting President Delcy Rodríguez, as Washington lifts sanctions and aims to attract foreign investment to rebuild the sector.
The licence issued by the US Treasury Department Thursday covers a variety of activities that could expedite the movement of Venezuelan crude, including exporting, selling, storing and refining that oil, as long as the work is performed by a US entity
Venezuela has the world's largest proven reserves of oil but output has fallen from over three million barrels per day in the early 2000s to around 1.2 million today.
Trump also said that major US oil companies are going to the South American country to scout out projects
Venezuela sits on about a fifth of the world's oil reserves and was once a major crude supplier to the US, with multiple American firms operating in the country until 2007.
Back in 2024, ONGC Videsh has sought a ‘specific license’ to operate in Venezuela from the US Department of Treasury.
Donald Trump first raised eyebrows during an interview with the New York Post, suggesting that a classified system was used during the raid.
The go-fast approach is designed to fulfill the Trump administration’s goal of swiftly increasing crude flows
The unusual event underscores the priority that President Donald Trump’s foreign policy places on the Americas, weeks after he ordered a military raid on Venezuela
The draft bill, seen by AFP, ends decades of state control over Venezuela's biggest industry by allowing "private companies domiciled in the Bolivarian Republic of Venezuela" to engage independently in oil exploration and extraction.
During the third quarter of the current fiscal, the company incurred an under recovery of Rs 503 crores on LPG sales. In January, the under recoveries stood at Rs 95 per cylinder. The company now expects this to increase to Rs 120 per cylinder going ahead.
A secret CIA role in Venezuela points to a sharper, risk-heavy turn in US intelligence strategy, and a renewed focus on Latin America under President Trump’s second term.
Washington began clamping down on those sales in December by seizing tankers carrying sanctioned Venezuelan crude.
Since the U.S. attack on Caracas on January 3, when it captured President Nicolas Maduro, the Trump administration has said it plans to "run" Venezuela and that it is cooperating with Maduro's vice-president and interim successor, Delcy Rodriguez.
The map appears to have been created by artificial intelligence and comes amid heated tensions with European allies over Trump’s renewed push to acquire Greenland.
Machado left Venezuela in early December after almost a year in hiding so she could accept her Nobel Peace Prize in Norway.
Despite signs of the Trump administration deepening ties with Maduro's government, Machado gave a mostly upbeat assessment