South America

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Trump Revokes Permits to US, Foreign Oil Firms in Venezuela

The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the world oil market.

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Oil Poised for Third Weekly Gain Ahead of More Trump Tariffs

Oil headed for a third weekly advance as the market braced for more tariffs from the Trump administration due early next week.

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