Trump rejected Maduro requests on call, options narrow for Venezuela leader, sources say

Oil prices have declined as traders closely monitor ongoing peace talks between Russia and Ukraine, raising concerns about the stability of oil supplies from Venezuela. The January WTI contract has seen a notable drop, reflecting market anxieties over geopolitical tensions and their potential impact on oil production.

Taiwan's Foreign Minister Lin Chia-lung expressed confidence that the Trump administration will permit President Lai Ching-te to transit through the United States, highlighting a positive diplomatic outlook for Taiwan's leadership.

Oil prices have steadied as traders closely monitor U.S. President Donald Trump's forthcoming actions regarding Venezuela and assess the impact of damage to a crude export terminal in the Black Sea. This situation has created uncertainty in the oil market, prompting traders to remain vigilant.

Oil prices increased following OPEC+'s confirmation to maintain its pause on production hikes during the first quarter, as traders considered the implications of President Donald Trump's recent statements regarding Venezuela.

Donald Trump has commuted the seven-year prison sentence of David Gentile, the former CEO and co-founder of GPB Capital, who was convicted for his role in a $1.6 billion fraud scheme that defrauded over 10,000 investors. This decision comes after Gentile had begun serving his sentence following a conviction related to the fraudulent activities of his firm.

Former President Donald Trump's renewed focus on the drug war is creating significant opportunities for defense startups, as technologies like drones, sensors, and AI platforms are being repurposed for combating narco-terrorism. This shift indicates a strategic pivot in defense spending towards addressing drug-related violence and crime.