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Articles by Eric Martin
Markets rattled by Iran war, US to seek help from India’s Reliance to refine Venezuelan crude
“They also, by the way, have pre-existing oil concessions in Venezuela that can produce more themselves,” he added. Rubio is scheduled on Wednesday to visit Reliance’s Jamnagar refining complex in Gujarat, the world’s largest. Upon arrival Tuesday, he met Indian External Affairs Minister Subrahmanyam Jaishankar and advocated for India purchasing more US technologies and systems, according to a readout from the State Department.
White House Monitors Suspected Plague Case in Russia (1)
The White House is monitoring reports of a suspected plague case in Russia’s Siberian region of Irkutsk, after the death of a worker at an anti-plague research institute led to almost 200 contacts reportedly being placed under observation. “I don’t think it’s cause for alarm, but it is cause for focus and a cause to just keep an eye on it — and we’re doing that,” Secretary of State told reporters on Monday.
Trump and Rodríguez Talked Venezuela Debt, Path to Elections (1)
discussed sovereign debt negotiations and laying the groundwork for free and fair elections in his meeting with acting Venezuelan President Delcy Rodríguez on Tuesday. Washington wants Venezuela to stabilize its economy and rebuild the institutions needed for free and fair elections, Secretary of State said. “There’s a lot that needs to be fixed in order for Venezuela to be successful,” Rubio told reporters on Wednesday. “Debt restructuring is key to that.
Trump and Rodríguez Talked Venezuelan Debt, Return to Democracy
discussed debt restructuring and laying the groundwork for free and fair elections in his meeting with acting Venezuelan President Delcy Rodríguez on Tuesday. “It was a short meeting, but it was an important meeting,” Secretary of State told reporters. Treasury Secretary also attended the sit-down, the first between the two leaders. Washington wants Venezuela to stabilize its economy and rebuild the institutions needed for free and fair elections, Rubio said.
Exxon Is in Talks to Return to Venezuela as Deals Accelerate (1)
held talks this week with Venezuela’s government about re-entering the country as the Texas oil giant explores whether to follow US rivals back into the home of the world’s largest reserves. Executives flew to Caracas Tuesday night for negotiations, aiming to secure access to several fields rich with heavy oil, according to people familiar with the matter.
Pentagon in Talks With Venezuelan Mogul for Massive Oil Deal (1)
The US government is pursuing a major stake in Venezuelan oil reserves via a potential partnership between the Department of Defense and , a controversial energy investor who has become a key middleman between the two countries. The negotiations are focused on as many as 17 oil fields that span Venezuela’s main petroleum basins, according to people familiar with the matter.
Trump Presses Mexico’s Sheinbaum to Stop Migrants at US Border
President ’s administration is pushing Mexican President to do more to stop undocumented migrants from crossing the US border after apprehensions reached the highest level of his second term. Secretary of State and National Security Adviser delivered the message during a private meeting with Mexican Foreign Minister in Washington on Wednesday, according to people familiar with the matter, who asked not to be identified without permission to speak publicly.
US Set to Unveil New Iran Sanctions as Rial Hits Record Low (1)
US Treasury Secretary is set to announce a fresh set of economic measures against Iran, as Washington pivots from military threats to tougher sanctions as a way to end the near six-month war. Bessent will on Monday disclose the details of a plan to more effectively isolate the Islamic Republic, building on already extensive sanctions that have been in place for decades.
U.S. strategy for Cuba shifts from military option to focus on sanctions
The strategy is aimed at creating fractures in the ranks and room for negotiation in a government that’s rejected U.S. calls for change after almost seven decades of one-party rule A person sleeps wrapped in a sheet on the seafront wall at dawn in Havana on Aug. 13, 2026. Many Cubans sleep in open-air spaces on summer nights in search of relief from high temperatures and frequent power cuts.
Rubio, Jaishankar Urge Trade Deal Despite Pharma Duty Threat (2)
US Secretary of State and his Indian counterpart reinforced the importance of concluding an interim trade agreement, even as new tariff threats loom. The duo backed the deal during a meeting in Manila on Wednesday, according to a US statement. Hours earlier, President Donald Trump had threatened to impose steep tariffs on imported pharmaceutical products, including generic medicines. that could have significant ramifications for India’s exports.
Rubio Says China Trade, Investment Boards Eyed by Xi Visit (1)
Secretary of State said the US and China are moving toward establishing boards for investment and trade between the top two economies ahead of President ’s planned visit in September. Rubio spoke with his Chinese counterpart about the issues Wednesday in Manila, he told reporters after the meeting. “We’re moving toward implementation of that,” he said.
Rubio, Jaishankar Urge Trade Deal Despite Pharma Duty Threat (1)
US Secretary of State and his Indian counterpart reinforced the importance of concluding an interim trade agreement, even as new tariff threats loom. The duo backed the deal during a meeting in Manila on Wednesday, according to a US statement. Hours earlier, President Donald Trump had threatened to impose steep tariffs on imported pharmaceutical products, including generic medicines. that could have significant ramifications for India’s exports.
U.S. hits Iran with airstrikes and blocked oil sales in latest threats to ceasefire
Skip to Content Iran called the U.S. operation and the waiver revocation violations of the agreement, with one officials vowing "decisive actions" in response A tenuous ceasefire towards peace was shaken when the U.S. launched airstrikes on Iran and blocked its global oil sales on Tuesday.
Proposed US-Iran deal hinges on plan of sequential rewards to Tehran
Proposed US-Iran deal hinges on plan of sequential rewards to Tehran Sequencing allows approach designed to prevent White House from getting caught out as it tries to end conflict & curb Iran’s nuclear programme. But …
Proposed US-Iran deal hinges on plan of sequential rewards to Tehran
And at its heart, the agreement wouldn’t meaningfully deal with Iran’s nuclear program. Instead, it would leave an issue that’s been central to Trump’s justification for the war to a future 60-day negotiating process.
Rubio Defends Iran War, Ebola Response in Combative Hearings (3)
Secretary of State defended the US war effort in Iran, as well as the Trump administration’s global public health strategy amid a worsening Ebola outbreak, as he faced hostile questions from Democrats in two hearings before Congress on Tuesday. Rubio said the US military has destroyed much of Iran’s missile and naval capabilities, though he conceded Iran still has a lot of attack drones because they’re easy to manufacture.
Rubio Defends Iran War, Ebola Response in Combative Hearing (2)
Secretary of State defended the US war effort in Iran, as well as the Trump administration’s global public health strategy amid a worsening Ebola outbreak, as he faced hostile questions from Democrats in a hearing before Congress on Tuesday. Rubio said the US military has destroyed much of Iran’s missile and drone capability, though he conceded Iran still has a lot of drones because they’re easy to manufacture.
Arab countries push for end to Iran war amid reports U.S. is preparing for new attacks
Since the ceasefire started six weeks ago, U.S. President Donald Trump has veered between assurances a peace accord was almost at hand and threats of new aerial assaults Pakistan's Army Chief Syed Asim Munir, left, is greeted by Iran's Interior Minister Eskandar Momeni upon his arrival in Tehran as part of ongoing mediation efforts between Iran and the United States, on May 22, 2026.
Hormuz standoff deepens despite U.S. declaring end of offensive
'Operation Epic Fury is concluded,' Secretary of State Marco Rubio told reporters at the White House Secretary of State Marco Rubio declared the U.S. offensive in Iran is over, but new attacks in the Strait of Hormuz and stalled talks signal the conflict is far from removed.
Hormuz standoff deepens despite U.S. declaring end of offensive
'Operation Epic Fury is concluded,' Secretary of State Marco Rubio told reporters at the White House • • Secretary of State Marco Rubio declared the U.S. offensive in Iran is over, but new attacks in the Strait of Hormuz and stalled talks signal the conflict is far from removed.
Why Trump has threatened a blockade of Iran ports & what are the risks of such a move
Trump told reporters on Sunday evening that he didn’t care if Iran returned to the negotiating table, arguing the US had already achieved its military objectives, including depleting the nation’s capability to manufacture missiles and drones. “If they don’t come back, I’m fine,” he said.
U.S. will end its war on Iran within two to three weeks, Trump says
The U.S. president said an agreement with Tehran was not necessary for the war to end: ‘We’ll leave because there’s no reason for us to do this’ U.S. President Donald Trump speaks in the Oval Office of the White House in Washington, DC, on March 31, 2026. President Donald Trump said he foresaw the U.S. ending the war on Iran within two to three weeks, suggesting the U.S. had largely accomplished its military goals and would leave it to other nations to resolve issues with the Strait of Hormuz.
US drafts 15-point plan to help end Iran war as Trump pushes talks
The New York Times first reported on the existence of the document. The White House didn’t immediately respond to a request for comment late Tuesday night. After threatening attacks on Iran’s energy infrastructure, Trump said Monday he was delaying them for five days to allow time for negotiations, citing “major points of agreement” with Iran. Oil declined and equities rallied on optimism about a potential diplomatic push to resolve the nearly month-long Middle East conflict.
Cuba's energy crunch is expected to force the government in Havana to accept oil under Trump's conditions, giving the U.S. a way to pry loose the Communist Party’s grip on power A woman wearing leggings with a U.S. flag pattern stands in the street in Havana on Feb. 26, 2026.
Vance Pitches Price Floors for Key Minerals to Counter China (2)
The Trump administration hosted 55 countries at a critical minerals summit, pitching price floors and a flood of US private equity in a bid to reduce dependence on China and ensure American manufacturers have stable access to key resources. The European Union, Japan and Mexico each agreed with the US to set up new policies including price floors to help solve critical mineral supply-chain vulnerabilities, according to statements from the US Trade Representative’s office released on Wednesday.
Trump’s Ties to Venezuela’s Elite Sowed Nostalgia For Golden Age
President ’s years-long crusade to dislodge Venezuelan strongman , a mission he finally accomplished this month, was billed as a way to thwart drug-trafficking, check migration and revive Venezuela’s oil industry. But behind the president’s preoccupation with the South American nation is also the story of lifelong personal and business relationships with Venezuelan elites in New York and Miami.
Delcy Rodríguez: Maduro’s deputy & Venezuela’s new leader is who global oil wanted all along
Administration officials were mindful of the chaos that ensued in Iraq after the fall of Saddam Hussein. Business interests aside, maintaining a semblance of business continuity will be critical to a successful transition — one that the Trump administration has yet to define. And Rodríguez fits both those bills: she oversees Venezuela’s oil apparatus and has decades of relationships among the remaining socialist stronghold in government.
Trump snatches Maduro but leaves his regime in charge
After US President Donald Trump stunned the world by saying the United States plans to “run” Venezuela, uncertainty over what that means and who is in charge loomed over the South American nation.
US Treasury Secretary lauds Milei at midtown gala
US Treasury Secretary Scott Bessent praised Argentina’s President Javier Milei Wednesday night at a posh gala in New York on the sidelines of the UN General Assembly, saying he has “laid the foundation for a new golden age in Argentina.” “Tonight we recognise President Javier Milei for his tireless efforts to make Argentina great again,” said Bessent, introducing Milei to receive an award at an Atlantic Council dinner on Wednesday.
Argentina seeks large portion of US$20-billion IMF deal up front
Argentina is seeking an upfront payment representing a large portion of its future US$20-billion programme with the International Monetary Fund, as negotiations now focus on the size and timing of disbursements, according to people familiar with the matter. The size of Argentina’s first disbursement has become the most important issue of negotiations at this stage, according to one person, who asked not to be named because talks are private.
Liberty Star pays federal fees for Arizona projects
Liberty Star Minerals paid the Bureau of Land Management US $18,600 for 93 unpatented federal lode mining claims covering 1,594.68 acres within the Hay Mountain Project in Cochise County, Arizona. The payment included six claims comprising 320 acres within the Red Rock Canyon Gold property. Additional Liberty Star fee payments for Mineral Exploration Permit lands due throughout the year to the Arizona State Land Department are current, noted the exploration company.
Patriot Gold to purchase Wyoming gold project
Exploration company GFG Resources has signed a definitive agreement for the sale of its Rattlesnake Hills gold project in central Wyoming to Patriot Gold Vault for an aggregate consideration of C$3.3 million. The district-scale project comprises of 1,573 unpatented lode mining claims as well as eight Wyoming State mining leases covering an area of approximately 30,400 acres.
IMF Staff in Kenya to Weigh Economic Fallout of Tax Protests (2)
An International Monetary Fund team is in Kenya to gauge the economic impact of a recent court ruling on tax measures and an expanded budget deficit that threw off course a $3.6 billion financing program. The visit is “a fact-finding mission, and as part of our ongoing and constructive dialog with the Kenyan authorities to find a balanced path forward,” Julie Kozack, an IMF spokesperson, said at a briefing on Thursday.
SL nears IMF deal on funding while debt talks proceed
By Anusha Ondaatjie and Eric Martin Bloomberg: Sri Lanka is likely to clinch an agreement in the next several days that would help it tap more funds from the International Monetary Fund even though it’s still trying to firm up negotiations with creditors on debt restructuring.
Ukrainian officials are exploring the possibility of debt restructuring as the war-ravaged country’s funding options are at risk of running out, according to three people familiar with the discussions. Multiple scenarios are being considered and no decision is expected until later in the summer, according to two of the people, all of whom asked not to be identified because the talks are private. Ukraine has time until at least Sept.
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