US Oil Stocks Rally After Maduro Ouster | Bloomberg Businessweek Daily 1/5/2025

In a significant development, US oil stocks have rallied following the ouster of Venezuelan President Nicolas Maduro. According to the report, President Trump has vowed to revive Venezuela, with the Bloomberg Businessweek Daily show featuring discussions on the implications of this event. The show includes insights from experts such as Francisco Monaldi, a Fellow at Rice University's Baker Institute for Public Policy, who discusses the swearing-in of Delcy Rodriguez as acting president of Venezuela. Additionally, Rockford Weitz, the Director of the Maritime Studies Program at Tufts University, shares his views on the impact of Maduro's capture on Trump's new world order. Furthermore, the report highlights the perspective of PGIM Managing Director and Executive Portfolio Advisor Michael Collins, who discusses the growing desirability of emerging markets assets, particularly Venezuelan bonds, as traders bet on more gains in the wake of these developments.
Source: For the complete article, please visit the original source link below.