Trump administration amends Venezuela licenses to boost US investment in oil sector. Foreign investment in US surges to $232 billion after four years of declines. Japan Taps Reserves and New Suppliers to Beat the Oil Blockade. How a 42% reserve boost at one gold mine added $1 billion to Zimbabwe’s mining ambitions. U.S. Company to Send 250,000 Barrels of Fuel to Cuba. Another oil discovery deepens confidence in Namibia’s prospects as an oil-producing nation. The ‘vibe economy’ is driving record debt; experts warn a ‘vapor economy’ could be next. Oil prices climb more than US$4 after Israeli strikes on Iran and Lebanon. Vanguard celebrates launch of world’s first trillion-dollar ETF. Bank of Korea Reports Reserves at $426.99 Billion on June 4, Down from $427.88 Billion.
