January 7, 2026

Trump Eyes US Oil Firms Rebuilding Venezuela’s Oil Industry After Maduro Capture

After Nicolás Maduro’s capture, Trump says US oil companies will restore Venezuela's oil output. Experts doubt quick gains due to political risks and past setbacks in the oil sector.

January 7, 2026

Russia Escorts Shadow Fleet Oil Tanker Across Atlantic Amid US Hunt

Russia sent a naval convoy to protect a shadow fleet oil tanker, Marinera, trying to evade US sanctions. The tanker, linked to Iran and Venezuela, crossed near Iceland while US forces trailed it from the UK. Tensions rise as Russia demands the US stop the pursuit.

January 7, 2026

Oil Prices Drop as Trump Seizes Venezuela’s Crude to Boost US Supply

Oil prices fell over 1% after Donald Trump announced the US would take control of 30 to 50 million barrels of Venezuela’s blockaded oil. This move may flood the market and strain US relations with China, which gets most of Venezuela's crude.

January 7, 2026

Tamil Nadu Forest Dept Blocks NTECL’s Test Drilling at Upper Bhavani Hydroelectric Site

Tamil Nadu Forest Department refuse permission to NTECL for geotechnical tests at Upper Bhavani project site, citing ecological risks near Mukurthi National Park. Conservationists warn of threats to wildlife and indigenous land.

January 7, 2026

Europe Backs Denmark Against US Greenland Deal Amid Heavy Flight Cancellations

European leaders unite to support Denmark and Greenland against US buyout plans. Meanwhile, harsh winter causes 700+ flight cancellations at Amsterdam Schiphol and Paris airports.