US Needs Venezuela's Heavy Crude Despite Being Top Producer
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
US officials detail a bare-bones strategy to manage Venezuela's oil exports after Trump's social media claim of securing tens of millions of barrels. Read the full analysis of this geopolitical move.
The US has seized a Russian-flagged oil tanker linked to Venezuela in the North Atlantic for sanctions violations. The move escalates Trump's global crackdown days after Maduro's capture. Full details inside.
Following the capture of Venezuelan President Nicolas Maduro, the US announces a historic energy initiative to stabilise Caracas's oil sector and allow its crude into global markets under US oversight. Read the full details.
The US confiscates a Russian-flagged oil tanker, MV Marinera, bound for Venezuela. Russia condemns the act as 'piracy,' escalating diplomatic tensions. Full details inside.
The US announces a selective rollback of sanctions on Venezuela, granting a license for crude oil sales. This major policy shift aims to boost global supply and follows a deal between Maduro's government and the opposition. Read the full details.
US Secretary of State Marco Rubio details a post-Maduro plan for Venezuela: stabilisation, recovery, and transition. US to seize and sell 30-50 million barrels of stranded oil. Read the full strategy.
The U.S. seized the MV Bella tanker carrying Venezuelan oil after a dramatic two-week chase. This bold move risks escalating tensions with Russia and Iran. Read the full details.
US decision to reimpose oil sanctions on Venezuela puts Brazil's Petrobras in a tough spot, forcing it to choose between US ties and regional energy deals. Read the full analysis.
US President Donald Trump announces a major oil deal with Venezuela, claiming proceeds will benefit both nations. This follows a US military operation that killed 24 Venezuelan personnel. Read the latest updates.
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US. Proceeds controlled by US govt for mutual benefit. Details inside.
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US, to be sold at market price. Details on the deal's impact and revenue.
Former US President Donald Trump reveals a deal where Venezuela's interim authorities will redirect 30-50 million barrels of sanctioned oil to the US. Details inside.
The US action to arrest Maduro and seize Venezuela's oil aims to curb China's influence. However, China's shrinking crude demand and teapot refiners' struggles pose a major hurdle for any revival. Read the full analysis.
India has imported €144 billion worth of Russian crude since the Ukraine invasion, becoming Moscow's second-largest fossil fuel buyer. Discover the data and shifting dynamics amid sanctions.
A report reveals over a dozen oil tankers under US sanctions left Venezuela covertly. Some were loaded, others empty. This highlights ongoing challenges in enforcing oil sanctions against Caracas. Read the full analysis.
India's crude oil imports from the US soared over 92% in April-Nov 2025. Russia remains the largest supplier, but its share fell to 33.7%. Explore the shifting energy dynamics.
US intervention in Venezuela creates volatility for India's $2.5 billion oil investments and $600 million in dues. Explore the impact on crude supplies and the global oil market.
Exclusive details on the US plan to seize Venezuelan oil assets. Trump's directive aims to remove Maduro. Get the latest on this escalating geopolitical crisis.
Oil prices show muted reaction to US incursion in Venezuela. Analysts warn restoring output to 3 million barrels a day will take years and billions. Read the full analysis.
US intervention in Venezuela puts India's $2.5 billion oil investments and $600 million in unpaid dividends at risk. Experts warn of market volatility and energy security impact. Read more.
India's oil imports from Venezuela have dwindled due to US sanctions. Experts say current unrest won't immediately impact supply or prices but could offer future sourcing opportunities. Read the full analysis.
A recent attack on a Venezuelan military base raises questions about its true objective: oil. Analysis suggests a link to former US President Trump's long-stated desire for Venezuela's vast reserves. Read the full investigation.
The US has resumed sanctions on Venezuela's oil sector. Discover the reasons behind this move, its impact on global oil prices, and what happens next for the Maduro government.
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
The Trump administration intensifies pressure on Venezuela by sanctioning Chinese and Hong Kong firms and oil tankers. This move signals a warning to Beijing amid escalating US-Venezuela tensions. Read more.
The US Treasury Department imposes new sanctions on Venezuelan oil firms, targeting foreign support for Maduro's government. Read the full analysis of the escalating economic pressure.
The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.
India's Russian oil imports crash to a 3-year low of 1.1M bpd in Dec 2025 as US sanctions bite. Reliance pauses buys, state refiners tread cautiously. What's next for India's energy security? Read more.
US sanctions on Rosneft & Lukoil reshape India's Russian crude imports. Little-known UAE-based intermediaries gain market share as December volumes hit a 3-year low. Analysis & expert insights inside.