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Trump Denies Oil Trader Role in Shaping U.S. Venezuela Policy

Trump Denies Oil Trader Role in Shaping U.S. Venezuela Policy

Donald Trump moved to distance U.S. policy from private-sector interests in Venezuela, stating that fuel trader Harry Sargeant III has no mandate to negotiate on behalf of Washington, and that only official channels guide talks with Caracas. The remarks come as investors assess geopolitical risk around Venezuela’s vast reserves and potential implications for Oil – Brent Crude, Oil – US Crude, and Natural Gas, where policy clarity can influence supply expectations and risk premiums.

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Over the past month, benchmark prices have advanced, with Brent up about 8.7% and WTI gaining roughly 8.7%, while U.S. natural gas has risen around 9.6%, reflecting a mix of geopolitical support and broader energy demand dynamics. Daily technical setups show Brent flashing a Buy bias and WTI signaling Strong Buy, whereas natural gas screens as Sell, highlighting a cautious near-term view despite recent gains. Investors can explore more updates, prices, and analysis across global markets at Commodities.

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