Oil Prices Steady Amid Global Tensions

Oil prices remain steady amidst global events, with markets showing less sensitivity to geopolitical risks. Former President Trump imposes a blockade on Venezuelan oil tankers, but PDVSA continues to export. Ukrainian drones attack a Russian oil tanker in the Mediterranean. Brazils oil output faces disruptions due to a strike, while Mexicos Pemex struggles to attract oil companies. Israel approves a natural gas supply deal with Egypt, highlighting the complex global energy landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.