More Indian Imports Of Venezuelan Oil Wouldn’t Mean That India Is Drifting Away From Russia

ENB Pub Note: This article is republished from Andrew Korybko’s Newsletter on Substack, and he brings up some great points. That false narrative might still gain traction, however, due to misguided Russian soft power policies. Indian Ministry of External Affairs Secretary (East) Rudrendra Tandon said during Venezuelan President Delcy Rodriguez’s recent visit that there’s “perfect complementarity” in the […]

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As Diplomacy Falters, Who Will Blink First and Next Steps?

The Strait of Hormuz crisis, now in its third month, has evolved from a dramatic military flashpoint into a grinding economic and diplomatic stalemate. As of May 12, 2026, President Donald Trump has rejected Iran’s latest counterproposal as “totally unacceptable,” describing the broader ceasefire as on “life support.” The Islamic Revolutionary Guard Corps (IRGC) continues […]

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Trump Rejects New Iran Peace Offer as ‘Totally Unacceptable’

In a sharp rebuke that underscores the Trump administration’s “maximum pressure” doctrine, President Donald Trump has rejected Iran’s latest peace proposal as “totally unacceptable,” signaling that backchannel talks remain deadlocked and energy markets could face renewed volatility. The rejection comes amid a fragile ceasefire that has held since early April 2026 but is now strained […]

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Will Venezuela Export Stranded Gas through Trinidad?

Shell is actively exploring the development of Venezuela’s offshore natural gas resources, with plans to route production through Trinidad and Tobago’s existing infrastructure for export as LNG. In a February 2026 earnings call and subsequent Bloomberg TV interview, Shell CEO Wael Sawan confirmed ongoing talks with Venezuela’s government to advance offshore gas projects, specifically targeting […]

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Venezuela’s Faulty Power Grid May Set Back Economic Comeback

Venezuela’s long-suffering electricity system is once again flashing red warning lights. According to Bloomberg, the country has announced emergency measures after power consumption reached a nine-year high, raising the specter of widespread blackouts that could derail the nascent economic recovery following the dramatic political changes earlier this year. Installed generation capacity stands at roughly 37,000 […]

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