🇨🇦🇮🇷⚡️ — Canada has called on its citizens to leave Iran if possible, warning that "hostilities in the region could resume with little or no warning."

🇺🇸🇻🇪⚡️ — Venezuela’s oil ministry has halted 19 production-sharing agreements with private firms that were signed during President Nicolás Maduro’s administration, according to Reuters.

➡️ The move has not yet affected national oil and gas production, as state energy company PDVSA continues to market the crude generated under the suspended deals.

➡️ The United States and Venezuela are now reviewing the contracts, and Washington could ultimately advise canceling some of them altogether.

➡️ The agreements involve Chinese, U.S., South American, and Venezuelan companies and cover operations in difficult areas such as Lake Maracaibo, as well as efforts to boost output in the Orinoco Belt. In some cases, participating firms had subcontracted the oilfield operations to third parties.

🇺🇸🇨🇺⚡️ — The Trump administration’s decision to ease fuel shipments to Cuba’s private sector is part of a broader strategy to deepen the island’s reliance on U.S. supplies, thereby expanding Washington’s leverage to push for political and economic reforms, Bloomberg reports.

➡️ The plan involves assuring energy companies they are permitted to sell oil and fuel to Cuban small and medium-sized private businesses, as well as allowing the resale of Venezuelan oil to Cuba under specific conditions.