If US attempts to seize Iranian tankers carrying oil to Venezuela now, de-escalation will be more difficult than ever

To expand its “maximum pressure” sanctions campaign targeting Iranian oil and the Iranian Revolutionary Guard Command, the US has a warrant to seize the cargo of four tankers heading to Venezuela. We should expect the worst. … Read More >If US attempts to seize Iranian tankers carrying oil to Venezuela now, de-escalation will be more difficult than ever

UK court recognizes Juan Guaido as ‘unequivocally’ Venezuela’s president in legal fight for tons of gold

The UK High Court has ruled that Venezuela’s legitimate president is in fact its self-proclaimed leader Juan Guaido, and not the elected Nicolas Maduro, in a bizarre legal battle for $1 billion of gold bullion. … Read More >UK court recognizes Juan Guaido as ‘unequivocally’ Venezuela’s president in legal fight for tons of gold

US Prosecutors Try to Seize Iranian Fuel Destined for Venezuela via Court – Report

Iran has recently been helping Venezuela, another nation hit by US sanctions, by supplying it with fuel after the country’s own refineries lost most of their capacity to work with the ultra-heavy blend of crude extracted from Venezuela’s oilfields, leading to petrol shortages. … Read More >US Prosecutors Try to Seize Iranian Fuel Destined for Venezuela via Court – Report

Iran to Consider Potential Requests for Goods Supply From Venezuela Despite US ‘Threats’

Tehran will consider possible requests for goods supply from Venezuela if Caracas officially submits them, despite opposition from the United States and sanctions imposed by it on both countries, Iranian government spokesman Ali Rabiei said in an interview. … Read More >Iran to Consider Potential Requests for Goods Supply From Venezuela Despite US ‘Threats’

Battle for the Gold: Venezuelan Rivals President Maduro and Western-Backed Guaido Tussle for Power

Venezuela’s Central Bank filed a claim in a commercial court in London earlier in June to force the Bank of England to transfer some $1.13 billion-worth of its gold, stored there for safekeeping, to enable President Nicolas Maduro to fund Caracas’s COVID-19 pandemic response. … Read More >Battle for the Gold: Venezuelan Rivals President Maduro and Western-Backed Guaido Tussle for Power