US President Donald Trump announced a potentially crippling blockade on Venezuela's oil exports; Venezuela on Dec 17 stated its crude shipments were not impacted. The dispute increases short-term supply risk for crude markets and heightens geopolitical uncertainty around Venezuelan exports, a sector-moving development until further clarification is provided.
US President Donald Trump announced a potentially crippling blockade on Venezuela's oil exports; Venezuela on Dec 17 stated its crude shipments were not impacted. The dispute increases short-term supply risk for crude markets and heightens geopolitical uncertainty around Venezuelan exports, a sector-moving development until further clarification is provided.
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mildly negative
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