[80005] Fear of a global energy crisis: Exxon Mobil warns of $160 oil prices
[80005] Fear of a global energy crisis: Exxon Mobil warns of $160 oil prices
The energy giant Exxon Mobil warns of a sharp spike in oil prices against the backdrop of a dramatic decline in inventories, while the US tightens its grip on Venezuela's oil revenues.
Warning of a spike in oil prices
The American oil and gas company Exxon Mobil has issued a severe warning that oil prices could skyrocket to $160 a barrel in the coming weeks. According to reports by خبرفوری جنگ🚨اخبارفوری امریکا فوری, the warning comes against the backdrop of a "dramatic decline in inventories." The company's vice president was quoted in آخرین خبر as emphasizing that the world is approaching "unprecedented, very low inventory levels." As of now, the price of oil stands at $94.09 per barrel, as reported by various sources including خبری پلاس|خبرفوری 🔖فوری.
US takes over Venezuela's oil revenues
At the same time, the news agency SNN.ir|خبرگزاری دانشجو reported on a dramatic decision by the US administration to take over Venezuela's oil revenues. According to a document published in the Spanish daily "El Economista," Venezuela's state-owned oil company (PDVSA) instructed its customers—including airlines and shipping companies—to transfer fuel payments directly to the US Treasury Department instead of to the Venezuelan state coffers. This move constitutes an escalation in economic sanctions and effectively transfers control over Caracas' energy resources to Washington.
The sources cited in this report, including Iranian news channels identified with a critical line against US foreign policy, highlight the economic and geopolitical consequences of these steps in the global energy market.