Morning News: Oil prices jump on Trump's Venezuela blockade – By Shajar Research
- Oil prices were up nearly a dollar in Asian trade on Thursday after President Donald Trump announced a blockade on tankers entering and leaving Venezuela and most exports from the country remained on hold. (Reuters)
- Asian stocks dropped, followed losses in US equities, as investors sold technology shares amid concern over their lofty valuations. Oil gained on rising geopolitical risks in Venezuela and Russia. (Bloomberg)