President Donald Trump stated at a news conference that the United States will "get the oil flowing the way it should be" in Venezuela with the assistance of oil companies following the surprise ...

Rampant inflation, a collapsing currency and export restrictions have destabilized Iran's economy and sparked deadly protests.

At conservative current prices, Venezuela’s proven oil reserves carry a notional value of roughly $18 trillion--comparable to the combined market capitalization of Apple, Microsoft, Nvidia, Amazon, ...

Venezuelan President Nicolás Maduro has been captured and flown out of the country following a largescale US strike on Caracas, leaving behind uncertainty for the country – and its massive oil ...

Around 30 percent of global oil reserves might be consolidated under U.S. influence. That’s what J.P. Morgan analysts, including the company’s head of global commodities strategy Natasha Kaneva, ...

Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. The U.S. strike on Venezuela has renewed focus on the country's ...