Venezuela Defies US, Sends Navy to Escort Oil Tankers
Venezuela orders naval escorts for its oil ships, directly challenging Trump's blockade. A high-seas confrontation looms as vessels head to Asia. Read the latest on this escalating crisis.
Venezuela orders naval escorts for its oil ships, directly challenging Trump's blockade. A high-seas confrontation looms as vessels head to Asia. Read the latest on this escalating crisis.
US President Trump's blockade on Venezuelan oil tankers is expected to have little effect on global crude prices due to a two-tiered market and ample supply, says Kpler. Read the full analysis.
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Russia escalates tensions by moving strategic bombers near NATO. Simultaneously, a US military tanker nearly collides with a private jet near Venezuela, fueling a diplomatic crisis. Full details inside.
US President Donald Trump escalates pressure on Venezuela with a naval blockade of sanctioned oil tankers, demanding the return of assets he claims were stolen from America. Analysis inside.
Oil prices rebounded sharply after US President Trump ordered a total blockade of sanctioned Venezuelan oil tankers, threatening 0.5 million barrels per day supply. Brent crude rose to $59.50.
Venezuela demands UN Security Council condemn the US seizure of an oil tanker, calling it state-sponsored piracy. Read the full diplomatic clash details.
US President Donald Trump declares Venezuela a foreign terrorist organization and orders a complete blockade of all sanctioned oil tankers. Get the latest updates on this major escalation.
Thousands march in Caracas supporting Maduro, condemning US sanctions & oil seizures. Tensions escalate as Venezuela rejects foreign pressure. Watch the latest developments.
Iran condemns US seizure of Venezuelan oil tanker as piracy, warning it threatens regional stability. China, Russia also react as Venezuela tensions rise. Read full analysis.
A gas tanker exploded on Gandhidham-Morbi highway near Rajkot early Monday, burning six parked vehicles. No casualties reported, but a massive 5-hour traffic jam ensued. Read details.
Iran's Revolutionary Guard seizes Marshall Islands-flagged oil tanker Talara carrying 30,000 tonnes of petrochemicals. Heightened tensions in crucial global oil trade route. Read latest developments.
Global oil prices surged as Ukraine attacked Russian oil port Novorossiysk and Iran seized tanker near Strait of Hormuz. WTI rose 2.4% above $60. Read analysis.
Chevron finds itself trapped in geopolitical crossfire as US-Venezuela tensions escalate. Discover how sanctions are reshaping global energy markets and putting American oil giants in a precarious position.
HPCL-Mittal Energy Ltd suspends Russian oil imports after US sanctions target key shipping vessels, marking significant shift in India's energy procurement strategy.
A Russian crude oil carrier heading to India abruptly reversed course in the Baltic Sea, signaling potential disruption in global oil trade patterns after new Trump administration sanctions.
New G7 sanctions targeting Russia's shadow oil fleet are set to disrupt global energy markets. Discover why these measures are different and how they'll impact oil prices worldwide.
India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.
India continues purchasing Russian crude oil despite US sanctions, securing massive discounts while maintaining strategic autonomy. Discover how this impacts global oil markets and India-US relations.
New US sanctions targeting Russian crude oil companies could jeopardize India's massive savings on oil imports. Discover how this move affects India's energy strategy and economy.
Crude oil prices are heading for their largest weekly gain since June 2024. Discover the key drivers behind this rally, from OPEC+ production cuts to geopolitical tensions, and what experts predict for the coming months.
Indian refiners are strategically diversifying oil sources, increasing Middle Eastern and US crude purchases as Russian supplies face payment and shipping challenges. Discover how this shift impacts global energy markets.
Indian refiners are strategically pivoting from Russian oil to increased Middle Eastern and US crude purchases as Moscow's war discounts narrow. Discover how this major energy realignment impacts global markets.
As US tightens sanctions on Russian oil, India and China emerge as pivotal players reshaping global energy markets. Discover how these Asian giants are navigating Western pressure while securing their energy needs.
Russian President Vladimir Putin issues serious warning about potential consequences of US sanctions on oil prices and global energy markets. Expert analysis on what this means for India and worldwide economies.
India's strategic pivot to Russian oil amid Western sanctions has dramatically reduced import costs, saving billions while maintaining energy security. Discover how this geopolitical masterstroke benefits the Indian economy.
Experts reveal why India's state-run refiners will continue Russian oil imports despite Trump's new sanctions. Discover the strategic reasons and limited impact on India's energy sector.
India continues to strategically increase Russian crude oil purchases, securing discounted barrels while navigating Western sanctions. Discover how this energy partnership is reshaping global oil markets.
Global oil markets experience turbulence as Trump administration targets Russian oil giants with new sanctions. Discover how this geopolitical move triggered a 4% price surge and unexpected rouble strength.
Crude oil markets face significant pressure as swelling inventories and demand concerns trigger price declines, despite ongoing US-China trade negotiations that could impact global economic outlook.