Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may," Zarif said on Twitter.Energyread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
"Things are advancing. There is a strategy that is advancing," Vanessa Neumann, the chief diplomat in London for Venezuelan opposition leader Juan Guaido, told CNBC in an exclusive interview. She did not go into specific details about the National Assembly leader's plans over the coming months.
The South American country is in the midst of one of the Western Hemisphere's worst humanitarian crises in recent memory, with some 4 million people having fled the country since 2015 amid an economic meltdown.
A protracted political stand-off has thrust the oil-rich, but cash-poor, country into uncharted territory — whereby it now has an internationally-recognized government, with no control over state functions, running parallel to Maduro's regime.
Guaido assumed a rival interim presidency in January, citing Venezuela's constitution, and denounced Maduro's government as illegitimate after he secured re-election last year in a vote widely criticized as rigged. Guaido has since been recognized by more than 50 countries, including the U.S. and most Latin American and European countries.
However, Maduro has refused to cede power. And, crucially, he still has the broad support of the military.
"Maduro has not accepted the situation, but other countries have," Neumann said, before adding that there was a growing sense that the "international community is coalescing at least around a diagnosis of the problem."
"They are starting to realize that this regime is criminal."
On April 30, Guaido appeared outside one of the most important military installations in the capital city of Caracas flanked by defecting soldiers and said "the time is now" for Venezuela's armed forces to turn on their embattled commander-in-chief.
The dramatic pre-dawn declaration appeared to symbolize an extraordinary watershed moment in the country's political history.
"I remember saying to my friend at the time … It's happened, we are free," Neumann said, as she tearfully recalled what many believed would come to mark Maduro's downfall.
As it turned out, most of the military top brass remained loyal to their socialist president and Guaido's attempt to trigger a nationwide uprising failed.
When asked whether she feared the failed uprising would represent the beginning of an enduring political stalemate in the crisis-stricken country, Neumann replied: "No. I am optimistic. They can't hold much longer."
"It is perfectly clear that none of us have accepted the status quo. Our country is dying, our people are dying, and the international community is increasingly alarmed with what they are seeing."
"Diplomatically, we really need the international community to help us reclaim our freedom," Neumann said.
In the weeks after April's failed rebellion, which was described by Maduro as a U.S.-orchestrated coup, many opposition lawmakers in the country have lost their parliamentary immunity and some have been arrested.
Guaido has also lost his parliamentary immunity but has so far not been jailed.
Venezuela's inflation rate fell under 1 million percent in May, after peaking above 1.3 million percent the previous month, nearly a year after Maduro instituted attempted reforms in August 2018 that cut five zeroes off the currency and prices.
The largest note in circulation had been 500 bolivars, which is now reportedly not enough to buy a piece of candy.
Officials in Venezuela blame the inflation crisis on U.S. sanctions that has restricted its ability to sell oil. Critics, though, say economic mismanagement and an oversupply of currency have been the main issues.
Last year, Venezuelans filed more asylum claims than citizens of any other country — including war-torn Syria — according to a recent report from the United Nations refugee agency. That's despite the fact more than 10% of the South American country's population had already left.
Looking ahead, Neumann said her diplomatic objectives included getting more countries to recognize Guaido as Venezuela's legitimate interim leader, highlighting the criminality of the Maduro regime and improving global awareness of the human rights abuses in the country.
More than five months after Guaido took to the streets of Caracas and declared himself as the rightful interim president of the OPEC nation, it remains unclear how the political impasse will be resolved.
"Don't forget, our sole goal is to get to free and fair elections. That is what is driving us to break the logjam," Neumann said.
"It is so hard to know what will happen next. But you can see it is like a dam. The regime has some cracks in it already and eventually they will start inter-connecting and the water will break through."