An attack involving explosives dropped from drones followed by a clash inside a military compound in northeastern Colombia has killed at least three soldiers and wounded four, Colombia’s army said Saturday. Local authorities blamed the attack late Friday on the rebel National Liberation Army (ELN). It targeted a military unit in the municipality of Ocaña,…
Gasoline prices are surging ahead of Labor Day, with AAA predicting travelers will face the highest pump prices on record for the holiday weekend amid ongoing conflict in the Strait of Hormuz. The national average for regular gasoline reached $4.14 a gallon Thursday, up 4 cents from a week earlier, according to AAA data. Diesel averaged…
The Justice Department is attempting to revive a centuries-old law to speed up efforts to claim Iranian oil tankers seized during the war with Iran, but maritime law experts say the plan could face hurdles. The top federal prosecutor in southern Texas confirmed last month that his office is involved in the effort to revive…
New York — Former Venezuelan President Nicolás Maduro and his wife asked a judge on Wednesday to dismiss the drug trafficking indictment against them on the grounds that they have immunity as the leader and first lady of a foreign country. In papers filed in Manhattan federal court, lawyers for Maduro said a judge was…
Chevron said on Wednesday that it plans to invest $7 billion in Venezuela over the next five years and double its oil production in the country after receiving additional acreage in the crude-rich Orinoco Belt region. Chevron, the only U.S. oil company operating in Venezuela, said the investment will allow it to boost production to about…
President Trump has framed last week’s deal for the U.S. government to take a stake in Venezuela’s oil reserves as a boon not just for gas prices, but also for the Strategic Petroleum Reserve, which has dropped to historically low levels. “One of the things I am going to do with the Venezuelan Oil is…
President Trump on Friday said a U.S. deal with Venezuela to tap its oil reserves “will substantially lower Gas Prices for all Americans, long into the future.” With the average U.S. gas price still above $4 a gallon nationwide, American consumers may be wondering if help is on the way. Don’t hold your breath, energy…
The Trump administration’s plan to take a stake in tens of billions of barrels of Venezuelan oil reserves will hinge on a private company called North American Blue Energy Partners, the White House announced Monday, offering more details on the agreement. Under the deal, the Venezuelan government granted 100-year concessions to NABEP to drill in…
Watch CBS News President Trump touted lower gas prices after last week’s oil deal with Venezuela, but experts don’t agree it will ease the cost for consumers anytime soon. Nancy Cordes reports. Source link
8/30: CBS Weekend News – CBS News Watch CBS News Nepal warns of new flooding amid ongoing devastation; President Trump says the oil deal with Venezuela will boost U.S. oil reserves. Source link
