Venezuela's PDVSA is set to resume oil exports to India's Reliance Industries following a green light from the US Treasury. Meanwhile, Caracas approved a 20-year joint gas project with BP and Trinidad's NGC to explore the Cocuina-Manakin field.
More details on shorturl.at/jyPuG
#PDVSA#sanctions
8,000 Strikes, Zero Surrender: Trump’s Iran War Hits the Diego Garcia Wall
Four weeks in, the scoreboard looks impressive on paper: more than 8,000 targets hit, 130 vessels damaged or destroyed, and US commanders bragging that Iran’s “fighting power” is substantially degraded. In reality, Tehran is still firing missiles and drones at Israel and US partners, still enforcing a de facto blockade of the Strait of Hormuz for Western shipping, and now feels confident enough to lob two ballistic missiles 2,500 miles toward Diego Garcia — the joint US‑UK base in the Indian Ocean that’s supposed to sit outside the blast radius.
The Diego Garcia shot is the clearest tell. One missile failed mid‑flight, the other was shot down by a US warship, and nobody in the Pentagon thinks Iran can hit the continental United States. But the range alone surprised US officials and underlined what Trump himself hyped in his State of the Union: Iran is working on systems that can reach far beyond the Gulf. The further they fire, the less accurate the missiles get — yet Tehran still chose to send a message at a base that anchors US power projection into the Middle East and Asia. That’s not a posture of a regime ready to fold; it’s a regime showing it can still reach out and touch a symbol.
At the same time, the war is cornering Washington into policy backflips. The Treasury has just temporarily relaxed sanctions on Iranian oil already at sea, allowing roughly 140 million barrels into the market to calm prices — a move that, by definition, sends money to the very state the US is bombing. It comes on top of earlier waivers for Russian oil in transit and underlines how desperate the White House is to tame an energy shock it helped unleash. The Iran war was sold as a way to crush an adversary and stabilize the region; within a month it has produced Hormuz disruption, price spikes, and a US Treasury that has to subsidize adversarial barrels to cushion the blow.
The nuclear question is the next trap. Iranian media report another strike on Natanz, a core site in the enrichment program, after it was already bombed in the June war; Israel denies involvement, the US refuses to comment, and experts keep repeating the same line: you can’t bomb away a nuclear program that’s spread out, hardened and backed by stockpiles of enriched uranium. That leaves Trump weighing something far uglier — a ground operation to seize uranium on Iranian soil — while delivering contradictory public messages about whether the war is already a “great success” or just getting started.
On the ground, the human and political costs keep climbing. Israel’s defense minister is promising that joint US‑Israeli attacks will “escalate significantly” in the coming week, as the Israeli Air Force hammers southern Beirut and refuses even direct Lebanese offers of cease-fire talks and Hezbollah disarmament. Death tolls are already in the thousands: at least 1,348–1,398 civilians killed in Iran, more than 1,000 in Lebanon, 14 in Israel, and 13 American service members dead — with no endgame in sight beyond “more.”
So the war’s real update isn’t the target count; it’s the strategic picture. Iran’s arsenal is weaker but still firing, its missiles now reaching for Diego Garcia, Hormuz is still effectively weaponized, the US is relaxing sanctions to buy time on oil, and the nuclear problem is unsolved. The operation that was supposed to restore deterrence is instead proving that there’s no airstrike number large enough to force Tehran to bend — only a deepening bill in blood, barrels, and credibility.
#IranWar#Trump#USA#Israel#DiegoGarcia#Hormuz#oil#sanctions#nuclear#Hezbollah#MiddleEast
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📊 INFOGRAPHICS | A combination of US aggression and Venezuelan opposition incompetence/collusion condemned the Caribbean nation to lose its most valued foreign asset: CITGO. A Delaware court auction of the company’s shares to repay a list of creditors is underway, with a final resolution expected in mid-2025.
This interactive infographic retraces how Venezuela’s US-based refiner got to this point, the key events and the debts involved.
Click here: https://venezuelanalysis.com/infographics/15726/
#CITGO#Sanctions#Refinery#Venezuela
The US Treasury has extended a ban on transaction involving the PDVSA 2020 bond, stopping holders from exercising the collateral and seizing CITGO shares. At the same time, a court-mandated auction of the US-based refiner remains mired in controversy.
Read the report: https://venezuelanalysis.com/news/venezuela-us-treasury-department-extends-citgo-protection-amid-auction-controversy/
#CITGO#Venezuela#Sanctions#Bonds
Explore the intricacies of Venezuela's battle against women's oppression as feminist anthropologist Aimee Zambrano Ortiz delves into the subject in this interview.
Highlighting legislative strides and the significance of initiatives like the Femicide Monitor, Zambrano Ortiz underscores the ongoing struggle for gender equality within the Bolivarian Process.
Click here to read the full interview 👉🏼https://bit.ly/43yXiHn
#feminism#sanctions#women
📑🖊 OPINION | When Maria Corina Machado Wins the Nobel Peace Prize, ‘Peace’ Has Lost Its Meaning
Far from a symbol of peace, this opinion piece highlights María Corina Machado’s record of backing coups, US sanctions, and calls for foreign military intervention in Venezuela; including an appeal to Israeli Prime Minister Benjamin Netanyahu to “liberate” the country through force.
It also recalls her role in the 2002 coup, when she signed the Carmona Decree that dissolved Venezuela’s Constitution and all public institutions.
🔗 Read the full opinion piece here 👉https://shorturl.at/qSKxH
#Guarimbas#MariaCorinaMachado#Sanctions
📰 NEWS | Venezuela Secures UN Recognition of ‘International Day Against Unilateral Coercive Measures’
The UN General Assembly approved a Venezuela-sponsored resolution establishing December 4 as the International Day Against Unilateral Coercive Measures, with 116 countries voting in favor.
The initiative aims to raise awareness of the humanitarian consequences of sanctions, such as those imposed on Venezuela, which have led to severe economic losses and civilian deaths.
🔗 Full story here: https://shorturl.at/bcjMu
#Sanctions#UnilateralCoerciveMeasures#UnitedNations
In Puerto Ayacucho, Amazonas State, fisherfolk have had to adapt to US sanctions by returning to traditional methods. Gas shortages and the high cost of boat maintenance have reduced their fleet by 70%. "The river is here, but fishing gear is scarce and expensive," says Xiomara Díaz, spokesperson for the Ayacucho Commune and UBCH. Yet, collective organization has provided some solutions, including fuel allocations through the local government.
🔗 Learn more here: https://venezuelanalysis.com/interviews/the-ayacucho-commune-the-impact-of-the-us-blockade-on-amazonian-fisherfolk-part-iii/
#CommunalandWorkingClassResistance#Communes#Fishing#Sanctions
📹 VIDEO | Trump Ramps Up Economic Terrorism Against Venezuela
The Trump administration is ramping up its economic terrorism against Venezuela, with new sanctions and blatant acts of piracy. For the Venezuelan people, resistance is not optional. Will international allies step up?
Watch our video to learn more.
#Venezuela#Sanctions#TrumpAdministration#MultipolarWorld
🚨NEWS | Venezuela: US Shrinks Chevron Wind-Down Period to 30 Days Following ‘Crazy Cubans’ Pressure
The Trump administration ordered the oil giant to cease its activities in Venezuela by April 3. The ramped-up economic sanctions will immediately affect the country’s oil output and potentially trigger renewed inflation.
🔗 Read the full report here:
https://venezuelanalysis.com/news/venezuela-us-shrinks-chevron-wind-down-period-to-30-days-following-crazy-cubans-pressure/
#Sanctions#Chevron#OilIndustry#Trump
🚀 Geopolitical Tensions Prompt Shift to Stablecoins in Commodity Trade
Western banks are accelerating their withdrawal from commodity trade financing due to compliance and sanction risks linked to escalating geopolitical tensions in Iran. According to Odaily, this has led traders to turn to stablecoins for cross-border settlements. Banks are concerned that seemingly compliant transactions might indirectly expose them to sanctioned entities, prompting a reduction or exit from trade financing in affected regions. As traditional financial payment and settlement channels tighten, stablecoins, particularly USDT pegged to the dollar, are increasingly used as alternative settlement tools in emerging market trade payments. Data indicates that the market capitalization of stablecoins has surpassed $300 billion, with on-chain transaction volumes exceeding $4 trillion, accounting for approximately 30% of overall on-chain activity.
#GeopoliticalTensions#Stablecoins#CommodityTrade#WesternBanks#CrossBorderSettlements#USDT#TradeFinancing#Sanctions#EmergingMarkets#OnChainActivity
In light of recent imperialist aggressions, Chris Gilbert reflects on the challenges and complexities of using elections as a tool for socialist construction.
Read the full column here: https://shorturl.at/igHFr
#NicolasMaduro#opposition#presidentialelection2024#sanctions
Treasury just quietly admitted what the headlines won’t: Trump’s “maximum pressure” war on Iran is now so costly that Washington is considering unsanctioning Iranian oil to keep the global economy from seizing up.
The administration is scrambling to plug a crisis it helped trigger. After US–Israeli strikes on Iran and Iran’s retaliation across the Gulf, attacks on Qatar’s Ras Laffan LNG terminal, refineries in Kuwait, export infrastructure in Saudi Arabia and gas sites in the UAE have pushed Brent to around $118 a barrel and sent European gas prices up as much as 30 percent in a day.
Qatar’s energy chief says almost a fifth of the country’s LNG export capacity is offline and could take three to five years to rebuild. In response, Treasury Secretary Scott Bessent is now talking about “unsanctioning” roughly 140 million barrels of Iranian oil already afloat and tapping US reserves again — a public U‑turn from punishing Iran’s barrels to begging them into the market.
At the same time, the Pentagon has dropped a 200‑billion‑dollar funding request for the Iran war on the White House, with Defense Secretary Pete Hegseth shrugging that “it takes money to kill bad guys” and adding that even this number “could move.”
Last week, the US already lifted sanctions on Russian oil currently at sea and allowed Iranian‑linked tankers and companies to carry and sell that Russian crude to help ease prices — effectively outsourcing part of the energy fix to the very networks it claims to be fighting.
Iran, for its part, is done pretending this is limited. Its foreign minister Abbas Araghchi is promising “ZERO restraint” if Iranian energy infrastructure is hit again, while Tehran keeps firing back across Gulf facilities and watching panic ripple through markets.
Yet from the Pentagon podium, Hegseth insists the US is “winning decisively and on our terms,” refuses to give any timeline for the war’s end, and leaves the impression of a superpower that has to buy its way out of the energy blowback it unleashed.
So the picture is brutally simple: every new strike on oil and gas sites adds another dollar to the barrel, another line to a 200‑billion‑dollar war tab, and another twist in the logic that says America must keep bombing Iran while quietly putting Iranian and Russian barrels back on the balance sheet to keep the lights on.
#IranWar#Trump#oil#gas#energyCrisis#Hormuz#Qatar#Russia#sanctions#warCost
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