Last updated: 2026-02-16 07:33:12 ET
The US president wants American energy firms to start extracting the crude but they are reluctant.
The US accuses the Veronica III of violating a "quarantine" on oil shipments from Venezuela.
U.S. forces interdicted and boarded the sanctioned tanker Veronica III in the Indo-Pacific after officials said it defied a Trump administration quara...
U.S. military forces boarded a sanctioned oil tanker in the Indian Ocean after tracking the vessel from the Caribbean in what the Pentagon described a...
Democrats in Congress have questioned the transparency and legality of depositing Venezuela oil revenue in Qatar.
The South American country has natural gas that could be extracted and exported quickly, but geopolitical challenges have stymied development.
The energy sector has been the best-performing sector in the S&P 500 this year — and it’s not just because risks to global oil flows, tied to Vene...
The Cuban peso has sunk to a record low against the U.S. dollar in the informal market, as tighter U.S. pressure on oil supplies deepens Cuba’s economic crisis
Washington has relaxed sanctions on Venezuela's energy industry since U.S. forces captured President Nicolas Maduro in early January.
Crude oil futures rose on Wednesday, extending a move off lows as traders assess the likelihood the U.S. will attack oil producer Iran as well as the ...
