President Trump said in a news conference Saturday that the U.S. would “run” Venezuela temporarily, and “get the oil flowing,” after the capture of President Nicolás Maduro and his wife during an overnight raid.
Oil prices swung overnight Sunday, as investors and traders weighed the market forces that could be unleashed by President Donald Trump’s attack on Venezuela and his comments about what could be next for the country and its massive oil reserves.
Curious Minds Corner
Why did ancient civilizations use crude oil and bitumen even thousands of years ago?
Because small natural seepages (“seeps”) of oil and bitumen were accessible at surface — ancient peoples used them for waterproofing, medicine, and even warfare (e.g. incendiary bitumen).