Trump Administration considering adding Venezuela to US list of state sponsors of terrorism

Dhwani Mehta FXStreet

Latest headlines are crossing the wires, via Livesquawk, reporting that Trump Administration is considering adding Venezuela to the US list of state sponsors of terrorism.

However, no final decision is made on it yet.

Both crude benchmarks are little changed on the above headlines, with WTI holding above the 57 mark.

Venezuela, an OPEC member, sits on the world’s largest crude oil reserves but is suffering the worst loss of oil production in history outside of war-induced outage.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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