Seeking Alpha’s roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks.
- President Trump said that Venezuela has agreed to ship up to 50 million barrels of oil to the U.S.
“This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States! I have asked Energy Secretary Chris Wright to execute this plan, immediately,” Trump said in a post on Truth Social on Tuesday night.
- The U.S. military seized two ships that were believed to be carrying sanctioned oil from Venezuela, with one intercepted off the coast of Iceland and the other in the Caribbean.
“The United States continues to enforce the blockade against all dark fleet vessels illegally transporting Venezuelan oil to finance illicit activity, stealing from the Venezuelan people. Only legitimate and lawful energy commerce—as determined by the U.S.—will be permitted,” War Secretary Pete Hegseth said in a post on X about the seizures.
“The blockade of sanctioned and illicit Venezuelan oil remains in FULL EFFECT,” Hegseth said in a second post on X.
- Warner Bros. Discovery’s (WBD) board said it has unanimously rejected Paramount Skydance’s (PSKY) amended bid for the company and urged shareholders to support its merger deal with Netflix (NFLX).
“Paramount’s offer continues to provide insufficient value, including terms such as an extraordinary amount of debt financing that create risks to close and lack of protections for our shareholders if a transaction is not completed,” said WBD Chair Samuel A. Di Piazza, Jr., in a statement.
“Our binding agreement with Netflix will offer superior value at greater levels of certainty, without the significant risks and costs Paramount’s offer would impose on our shareholders,” Di Piazza added.