Venezuela’s oil reserves could shift global supply, ease inflation and influence U.S. interest rates, energy security and stock valuations as production comes back online

CNBC’s MacKenzie Sigalos reports on the oil-to-inflation link crypto is keying off, plus the short-liquidation burst that helped bitcoin reclaim its 50-day moving average.

President Donald Trump believes US companies can revive Venezuela’s beleaguered oil industry, benefiting both that nation and America. But even if that happens, it would be a fraction of changes needed to get the destitute country back on its feet.

The Dow later slipped 240 points, or 0.49%, to 49,221.89. The S&P 500 edged down 0.10% to 6,937.81. The Nasdaq outperformed, rising 0.13% to 23,578.05. Despite modest pullbacks, all three indexes held close to record territory,

Economists say President Trump’s move against Venezuela is unlikely to deliver meaningful near-term economic gains, particularly in global oil supply.

Venezuela, currently in the throes of an escalating crisis with the United States, closed the books Wednesday on a complicated year for its economy, with

Dec 17 (Reuters) - Foreign currency flows to Venezuela’s private sector, both in cash and ‌cryptocurrency, could fall in the coming weeks after Washington ‌ordered a blockade of oil tankers under sanctions, analysts and business leaders said ...

Oil prices are falling after Donald Trump's strikes in Venezuela with experts claiming it will cut inflation and ease fuel and energy bills in the UK. President Nicolás Maduro and his wife were captured and brought to the US last week and are being held in New York.