According to CNBC, the new oil sales deal involving Venezuela under Trump's administration has sparked debates about which government the U.S. will officially recognize in the region. This development carries significant implications for energy traders and geopolitical stability, as it could influence the flow of Venezuelan crude oil into global markets and impact trading strategies tied to energy commodities.

According to The Kobeissi Letter, President Trump has declared that any country purchasing oil from Iran will face sanctions, a move likely to influence global oil prices and related cryptocurrency markets. Historically, geopolitical tensions and sanctions on oil-exporting nations have led to increased volatility in both oil and digital asset prices, as traders seek safe-haven assets like Bitcoin and stablecoins (source: The Kobeissi Letter, May 1, 2025). Market participants should closely monitor developments in energy commodities and crypto market correlations for potential trading opportunities.

According to The Kobeissi Letter, oil prices are experiencing their largest 2-day loss since April 2020 as the markets are factoring in a potential recession. This significant drop has critical implications for traders focusing on energy commodities, as it suggests a potential decrease in demand due to economic slowdown expectations.

According to The Kobeissi Letter, oil prices have dropped to a new 3-month low as OPEC+ decided to increase production starting in April and continue beyond that. This decision is expected to impact supply levels and could influence trading strategies around energy commodities.