OPEC+ Hits Pause on Oil Supply — As the Iran Conflict Complicates the Global Crude Market

ABE NEWS | September 6, 2026 OPEC+ has decided to keep its oil-production policy unchanged for October, pausing further increases after months of gradually restoring supply while escalating tensions involving Iran continue to disrupt one of the world’s most important energy corridors. The decision was taken Sunday by the group of producers that has been…

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Trump Says U.S. Secured Control Over 65 Billion Barrels of Venezuela’s Oil — A Historic Energy Gamble Begins

  ABE NEWS | August 29, 2026 The United States is making an extraordinary move into Venezuela’s vast oil industry. President Donald Trump says Washington, working with Venezuela’s interim government and private companies, has secured majority control over more than 65 billion barrels of proven Venezuelan oil reserves — an amount equivalent to roughly one-fifth…

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