17 December 2025: 08:30 GMT
Things are really on edge. Trump is bristling and squaring up against Maduro, designating his regime a “FOREIGN TERRORIST ORGANISATION” and announcing a “blockade” on all sanctioned oil tankers. The oil price didn’t like that and jumped back up to over $59 at the Asian open this morning, continuing to climb gradually to hit $59.63/bbl by the close. Many market sources, however, told The Officials they’re expecting little impact in the end, wondering how on earth the US hopes to enforce the blockade.
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We invite you to read our reports, which are published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST). For any comments, please reach out to us through the emails provided in the signed documents.
