At a panel discussion in New York, BlackRock CEO Larry Fink expressed optimism about investment opportunities in Venezuela, stating he is “quite optimistic” about the country’s potential to return to its former prosperity. Fink noted that Venezuela’s oil-rich resources and abundant solar and hydrocarbon reserves position it to benefit from growing demand for AI infrastructure, as demand growth is outpacing supply.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trump Proposes Suspending Federal Gasoline Tax, Costing Billions Monthly
According to independent budget analysts, on Tuesday, May 12, Trump proposed suspending the federal gasoline tax of 18.4 cents per gallon "until the time is right." The Committee for a Responsible Federal Budget estimates the suspension will cost the federal government approximately $3.5 billion
GateNews4m ago
Asia Stocks Set to Rise on Wall Street Gains; Oil Jumps 3.4% to $104 as Trump Rejects Iran Ceasefire
Asia stocks are set to rise Tuesday, tracking Wall Street gains after the S&P 500 closed up 0.2% and the Nasdaq 100 climbed 0.3% in New York. Oil jumped 3.4% to over $104 a barrel after President Donald Trump called Iran's response to a
GateNews13m ago
JPMorgan Predicts Average Crude Oil Price of $96/Barrel for 2026
JPMorgan Chase forecasts that crude oil will average $96 per barrel throughout 2026, with quarterly averages expected at $103 in Q2, $104 in Q3, and $98 in Q4.
GateNews48m ago
Russia Cuts 2027-2029 Budget Oil Price Forecast to $50 Per Barrel
According to Deputy Prime Minister Novak, Russia will maintain its 2026 budget oil price forecast at $59 per barrel, then lower it to $50 per barrel for the 2027-2029 period.
GateNews1h ago
COMEX Silver Futures Surge 7.54% on May 11, Gold Also Rises
On May 11, COMEX silver futures surged 7.54% to $86.96 per ounce, while spot silver climbed 7.15% to $86.08 per ounce during New York's close. COMEX gold futures rose 0.46% to $4,747.60 per ounce, with spot gold up 0.40% to $4,734.33 per ounce. COMEX copper futures gained 3.11% to $6.4925 per
GateNews1h ago
Oil Platform Catches Fire Off California Coast Today, 2 Injured and 26 Evacuated
According to the U.S. Coast Guard, an offshore oil platform near Santa Barbara County, California caught fire today (May 11), with 26 workers evacuated to safety. Two people sustained injuries in the incident. The Coast Guard, Santa Barbara Harbor Patrol, and local fire departments coordinated
GateNews2h ago
