IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.61▲ 0.42% USD/MXN18.68▲ 0.43% USD/CLP992.80▲ 1.02% USD/COP3,294▼ 0.41% USD/PEN3.41▲ 0.01% USD/ARS1,546▲ 0.10% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 1.12% USD/DOP60.60▲ 0.25% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 3.29% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.22▼ 0.15% BRENT 93.74 ▲ 1.06% WTI 87.10 ▲ 0.66% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.16% GOLD 3,915 ▼ 2.13% SILVER 50.68 ▼ 2.32% SOY 1,226 ▼ 0.28% CORN 447.25 ▼ 0.17% WHEAT 596.75 ▼ 0.46% COFFEE 272.05 ▲ 1.13% SUGAR 18.15 ▼ 1.79% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,069 ▲ 3.30% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.99 ▲ 1.01% VALE3 63.63 ▼ 1.24% ITUB4 41.27 ▼ 1.08% BBDC4 14.08 ▼ 1.74% ABEV3 15.78 ▼ 0.44% BBAS3 15.13 ▼ 10.42% B3SA3 14.56 ▼ 1.62% WEGE3 51.98 ▲ 0.72% PRIO3 62.47 ▲ 1.63% SUZB3 55.34 ▲ 2.86% RENT3 30.18 ▼ 0.20% AZZA3 17.86 ▲ 16.20% CSAN3 2.95 ▼ 2.64% RAIZ4 0.30 ▼ 98.60% PCAR3 2.46 ▼ 3.15% GMAT3 3.98 ▼ 2.45% PSSA3 45.66 ▼ 0.70% CVCB3 0.85 ▼ 1.16% POSI3 3.55 ▲ 6.93% SLCE3 17.13 ▲ 0.47% NATU3 5.51 ▼ 1.96% BRKM5 3.03 ▲ 3.77% RANI3 8.38 ▼ 0.12% CSNA3 4.42 ▼ 2.21% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.61 ▲ 0.54% USD/MXN 18.69 ▲ 0.47% USD/CLP 993.23 ▲ 1.06% USD/COP 3,294 ▼ 0.41% USD/PEN 3.41 ▲ 0.00% USD/ARS 1,546 ▲ 0.10% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.60 ▲ 0.25% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 3.29% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.22 ▼ 0.15% BRENT 93.74 ▲ 1.06% WTI 87.10 ▲ 0.66% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.16% GOLD 3,915 ▼ 2.13% SILVER 50.68 ▼ 2.32% SOY 1,226 ▼ 0.28% CORN 447.25 ▼ 0.17% WHEAT 596.75 ▼ 0.46% COFFEE 272.05 ▲ 1.13% SUGAR 18.15 ▼ 1.79% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,069 ▲ 3.30% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.99 ▲ 1.01% VALE3 63.63 ▼ 1.24% ITUB4 41.27 ▼ 1.08% BBDC4 14.08 ▼ 1.74% ABEV3 15.78 ▼ 0.44% BBAS3 15.13 ▼ 10.42% B3SA3 14.56 ▼ 1.62% WEGE3 51.98 ▲ 0.72% PRIO3 62.47 ▲ 1.63% SUZB3 55.34 ▲ 2.86% RENT3 30.18 ▼ 0.20% AZZA3 17.86 ▲ 16.20% CSAN3 2.95 ▼ 2.64% RAIZ4 0.30 ▼ 98.60% PCAR3 2.46 ▼ 3.15% GMAT3 3.98 ▼ 2.45% PSSA3 45.66 ▼ 0.70% CVCB3 0.85 ▼ 1.16% POSI3 3.55 ▲ 6.93% SLCE3 17.13 ▲ 0.47% NATU3 5.51 ▼ 1.96% BRKM5 3.03 ▲ 3.77% RANI3 8.38 ▼ 0.12% CSNA3 4.42 ▼ 2.21%
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Thursday, November 12, 2026

El Aissami, Wanted by USA for Drug Trafficking, Becomes Venezuela’s Oil Minister

By · · 2 min read

RIO DE JANEIRO, BRAZIL – Venezuela’s President Nicolás Maduro has appointed former Vice President Tareck El Aissami as Oil Minister. He is charged by the USA with drug trafficking.

Venezuela's former Vice President, Tareck El Aissami, has been appointed by President Nicolás Maduro as Oil Minister.
Venezuela’s former Vice President, Tareck El Aissami, has been appointed by President Nicolás Maduro as Oil Minister.
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According to an official announcement on Monday, Asdrúbal José Chávez, a cousin of Maduro’s predecessor Hugo Chávez who died in 2013, will become the new president of the state oil company PDVSA. Asdrúbal and El Aissami replace General Manuel Quevedo, who held both the Ministry and the PDVSA presidency.

El Aissami is on the ICE’s list of most-wanted drug traffickers. The US authorities credit him with “a significant role” in the international drug trade. He is charged with having shipped over 1000 kilograms of narcotics by air or sea, some of them bound for the United States.

Venezuela is in a severe political and economic crisis. Maduro was elected for a second term in controversial elections in 2018. Parliament President Juan Guaidó declared himself interim president in early 2019 and was recognized by many Western countries.

The USA, in particular, is attempting to oust Maduro from power. However, Guaidó failed to force a change of power. Maduro still has the military behind him and is backed by Russia and China, among other countries.

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