#Oil

Venezuela and the US signed a 25-year oil agreement: over $100 billion in investment and up to $209 billion in taxes are expected. Rodriguez claims sovereignty is preserved, while Trump calls the deal the largest in history.

The US has declared an "economic offensive" against Iran, comparing it to Normandy, but China, which buys 90% of Iran's oil, and other Tehran partners are ignoring the sanctions. Analysts call the measures adopted too weak.

Washington is preparing an agreement for long-term access by American companies to 17 Venezuelan fields, while Caracas is considering leaving OPEC amid its rapprochement with the United States.

Lin Jian, the official spokesperson of the PRC Ministry of Foreign Affairs, rejected US demands to halt purchases of Iranian oil and declared readiness to apply the law on countering foreign sanctions.

Iraqi Prime Minister Ali al-Zaidi ironically declared that there will be no corruption “because there is no money,” against the backdrop of a $77 billion audit and record arrests in the “Green Zone.”

Iran's National Security Council Secretary Mohsen Rezaei stated on August 22 that if regional countries join US sanctions, Tehran will strike alternative Persian Gulf oil routes. The Strait of Hormuz, he said, will remain closed until Washington changes its position.

🚨 Iran issues ultimatum to US: Strait of Hormuz closed until 2029! 🛑 Tehran conveyed conditions for opening the strait via intermediaries: cessation of wars in Lebanon and Gaza + unfreezing of assets. Iran sees no point in a deal with Trump and is ready to wait until January 2029. 📉 Oil prices are rising, the world is on the brink of an energy crisis. #Iran #StraitOfHormuz #USA #Trump #Oil #Geopolitics

🛑 **Ukraine and the US have reached an agreement on the safety of oil tankers in the Black Sea.** 🛢️ Kyiv has pledged not to attack vessels carrying Kazakh oil and CPC facilities if they are not transporting Russian cargo. 📉 This decision aims to stabilize oil prices against the backdrop of the crisis in the Strait of Hormuz and ahead of the US elections. 🤝 Contact points have been created for information exchange between carriers and Ukraine. 🚫 Previously, attacks on vessels near Novorossiysk forced Kazakhstan to suspend supplies.