Oil

Summary US boarded tanker that escaped blockade and put up Russian flag US also seized second Venezuela-linked tanker Venezuela’s main buyer China denounces US ‘bullying’ (Reuters) – The U.S. seized two Venezuela-linked oil tankers in the Atlantic Ocean on Wednesday, one sailing under Russia’s flag, as part of President Donald Trump’s aggressive push to dictate oil …

US Seizes Russian-Flagged Tanker, Another Tied to Venezuela as Trump Widens Oil Push Read More »

(Reuters) – Oil producer Chevron is in talks with the U.S. government to expand a key license to operate in Venezuela so it can increase crude exports to its own refineries and sell to other buyers, four sources close to the negotiations said on Wednesday. The talks come as Washington and Caracas progress in negotiations …

Chevron in Talks With US Government for Expanded Venezuela License, Sources Say Read More »

(Reuters) – Russia said on Wednesday that the U.S. seizure of a Russian-flagged oil tanker in the Atlantic was a violation of maritime law, and a senior lawmaker described it as “outright piracy”. Russia’s Transport Ministry said contact with the vessel, the Marinera, had been lost after U.S. naval forces boarded it near Iceland as …

Russia Says US Seizure of Oil Tanker is Illegal, Lawmaker Calls it Piracy Read More »

The vessel tanker Bella 1 at Singapore Strait, after U.S. officials say the U.S. Coast Guard pursued an oil tanker in international waters near Venezuela, in this picture taken from social media on March 18, 2025. Hakon Rimmereid/via REUTERS WASHINGTON, Jan 7 (Reuters) – The United States is attempting to seize a Venezuela-linked oil tanker …

US Seizing Venezuela-Linked Oil Tanker After Weeks-Long Pursuit Read More »

MIAMI (AP) — In 2017, as political outsider Donald Trump headed to Washington, Delcy Rodríguez spotted an opening. Then Venezuela’s foreign minister, Rodríguez directed Citgo — a subsidiary of the state oil company — to make a $500,000 donation to the president’s inauguration. With the socialist administration of Nicolas Maduro struggling to feed Venezuela, Rodríguez …

How Delcy Rodríguez Courted Donald Trump and Rose to Power in Venezuela Read More »

U.S. President Donald Trump will meet with oil company executives at the White House late this week to discuss ways to revive Venezuela’s tattered oil sector, according to three sources familiar with the matter. Two of the sources told Reuters the meeting was likely to happen on Friday. It was not immediately clear who would …

Trump to Meet Oil Companies at White House About Venezuela Read More »