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Asian shares are mixed and oil prices jump as Trump orders a blockade of oil tankers to Venezuela

AP Bangkok, Dec 17 — Asian shares were mixed on Wednesday as technology-focused gains helped lift some benchmarks, while oil prices rose more than 1% after President Donald Trump ordered a blockade of sanctioned oil tankers bound for Venezuela. The move comes after last week’s seizure of an oil tank

The 30-second versionAP Bangkok, Dec 17 — Asian shares were mixed on Wednesday as technology-focused gains helped lift some benchmarks, while oil prices rose more than 1% after President Donald Trump ordered a blockade of sanctioned oil tankers bound for Venezuela.The move comes after last week’s seizure of an oil tank
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Oil prices swing after Trump’s Venezuela raid as investors eye global supply

Global oil markets are volatile after a U.S. raid in Venezuela led to Maduro’s capture, with traders pricing in potential changes to output and sanctions. The raid and Maduro’s capture put the focus on Venezuela’s oil sector and the possibility of U.S.-backed investments as sanctions remain a key co

The 30-second versionGlobal oil markets are volatile after a U.S.raid in Venezuela led to Maduro’s capture, with traders pricing in potential changes to output and sanctions.The raid and Maduro’s capture put the focus on Venezuela’s oil sector and the possibility of U.S.-backed investments as sanctions remain a key co
Read the full story