Trump Uses Iran Energy Crisis to Justify Venezuela Oil Grab
Trump drove up gas prices by launching a devastating war with Iran. Now he is using the energy crisis he created as cover for a resource grab of Venezuela’s oil.
Oil Change International is a research, communication, and advocacy organization focused on exposing the true costs of fossil fuels and facilitating a just transition to clean energy. For media inquiries, please contact: Valentina Stackl at [email protected]
Trump drove up gas prices by launching a devastating war with Iran. Now he is using the energy crisis he created as cover for a resource grab of Venezuela’s oil.
Catastrophic flooding has killed hundreds of people in Nepal and Tibet, with many more still missing. Entire villages have been destroyed, homes and infrastructure have been swept away, and communities are cut off as rescue and relief operations continue. The fossil-fueled climate crisis is heating our planet, melting glaciers, and destabilizing entire regions and the communities that depend on them. People who have contributed least to global emissions are being forced to bear its deadliest consequences.
The German Government is set to further distance itself from international norms and jeopardize energy security and affordability, releasing a draft policy today for Euler Hermes, the German export credit agency, which would allow the agency to eliminate 40% of the climate assessments it carries out when approving finance for international projects.
Oil Change International warns against weakening of Germany’s export finance rules which would deepen Germany's breach of commitments to end fossil fuel finance.
Our new research shows that the Trump administration, the fossil fuel industry, and Big Tech are creating a perfect storm for rising energy prices.
In response to the appointment of Andy Burnham as Prime Minister and his cabinet announcements.
First-ever report on G20 national development banks’ (NDB) energy finance shows they already provided $36 billion a year for renewables over the last decade (2016-2024) and could add at least $28 billion more by shifting away from fossil fuels.
A ray of hope from the Santa Marta conference comes from the political courage of a few governments willing to stand with people against Big Oil and the Trump Administration’s “might is right” geopolitics, we need more to join them.
Secretary-General Guterres is right to treat this moment with the urgency it demands.
Keir Starmer's resignation marks the end of one chapter in British politics, but it must not mark the end of the UK's progress on climate. His government took a significant step by ending new North Sea oil and gas licensing, making the UK the largest oil and gas-producing country to do so. Labour was elected on a mandate to carry climate action forward, and the next Prime Minister must resist pressure from the fossil fuel industry to reverse course and instead provide the certainty that workers and communities need.