Dow Inches Higher; Oil Rallies After Trump Pressures Venezuela

3 weeks ago 9

Angus Berwick

Wed, December 17, 2025 astatine 9:15 AM CST 1 min read

- Brendan Mcdermid/Reuters

- Brendan Mcdermid/Reuters

Oil prices and the dollar roseate aft President Trump ramped up unit connected Venezuela, ordering a blockade of sanctioned tankers entering and exiting the country.

Brent crude futures roseate toward $60 a barrel, aft skidding Tuesday. Shares of vigor companies, including BP and Shell, rallied.

U.S. indexes inched higher aboriginal Wednesday. Warner Bros. Discovery rejected an unsolicited bid from Paramount, saying it believes a planned woody with Netflix is inactive superior. Paramount and Warner shares some fell, portion Netflix gained.

The dollar strengthened against a scope of currencies. The British lb fell aft information showed U.K. ostentation slowed to an eight-month low, making a Thursday complaint chopped each but certain.

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