Russia formally demands the US stop pursuing an Iranian oil tanker, now flying a Russian flag. The high-seas drama complicates global diplomacy and sanctions enforcement. Read the full story.
Venezuelan President Nicolas Maduro expresses willingness for dialogue with the US on drug trafficking but avoids questions about a reported CIA strike. Read the full story for details on the diplomatic stance.
Crude oil prices saw a slight increase on the first trading day of 2026, following their sharpest annual fall since 2020. The uptick is driven by renewed geopolitical tensions, including Ukrainian drone strikes on Russian oil facilities and fresh US sanct
Oil prices edged higher in early 2026 trade amid Ukraine's drone attacks on Russian oil facilities and US sanctions on Venezuela's exports. Brent crude rose to $60.99. Explore the market impact.
A sanctioned oil tanker, Bella 1, paints a Russian flag to escape U.S. forces. The high-stakes chase intensifies Trump's blockade on Venezuelan oil. Read the full story.
Venezuela's official dollar rate skyrocketed 479% in 2025, with a widening black market gap. Hyperinflation and US sanctions cripple the oil-rich nation's economy. Read the full analysis.
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 US reinstates sanctions on Venezuela's crucial oil and gas sector, targeting state-owned PDVSA. This move pressures Maduro's government to uphold its electoral commitments. Read the full analysis of the impact.
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.
A sanctioned oil tanker evading US seizure for weeks paints a Russian flag, claiming Moscow's protection. The high-stakes Atlantic chase highlights tensions over Venezuela's oil trade. Read the full story.
A major facility in Venezuela was hit in a drone strike reportedly carried out by the CIA. The attack raises tensions amid US sanctions. Read the full report.
Global crude oil prices are projected to remain subdued through 2026, with a structural oversupply outweighing geopolitical tensions. Analysts cite rising non-OPEC+ production and slowing demand growth. Read the full analysis.
Iran seizes oil tanker, accuses it of smuggling 4 million litres of fuel. 16 non-Iranian crew detained. Escalating tensions in Gulf amid US-Venezuela standoff. Read the full report.
Oil prices gained as US economic pressure on Venezuelan shipments and airstrikes in Nigeria added to supply risks. Brent crude rose to $62.48. Get the full analysis of 2024's market trends.
The U.S. Coast Guard escalates a high-stakes chase for the sanctioned oil tanker Bella 1, linked to Iran and Venezuela, assembling elite forces for a potential seizure. Read the full story.
Crude oil heads for its biggest weekly gain since October, driven by US actions against Venezuela's oil shipments and a military strike in Nigeria. WTI holds above $58. Read the full analysis.
Russia accuses the US of 'modern piracy' over Venezuela oil tanker blockade, warning it threatens Latin American peace. Full details on the escalating geopolitical standoff.
China accuses the US of abusing sanctions after Washington seized Venezuela-linked oil tankers. Analysts see a proxy energy battle with global implications. Read the full details.
A Venezuela-linked oil tanker evades capture as US Coast Guard awaits specialised teams, revealing limits of sanctions enforcement at sea. Read the full analysis.
Venezuela's defence minister issues a stark warning to the US over tanker seizures and naval deployments. Read how this Caribbean standoff could redefine world power dynamics.
The White House orders US forces to enforce a Venezuelan oil 'quarantine' for two months, prioritising economic pressure over immediate military strikes against Maduro. Details inside.
The US is expanding its military presence in the Caribbean with special forces and aircraft as tensions with Venezuela over oil escalate. Details inside.
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Venezuelans stage pirate protests as US seizes oil tankers. Maduro's govt warns Trinidad & Tobago, escalating Caribbean tensions. Read the full story.
A US Navy pursuit of the Venezuelan oil tanker BELLA-1 ends in failure, raising questions about sanctions enforcement. Read the full story on the escalating maritime showdown.
Donald Trump comments on seized Venezuelan oil, stating he will 'keep or sell it'. President Maduro remains defiant, urging leaders to focus on internal affairs. Full details inside.
US forces seized a massive Venezuelan oil tanker bound for China, triggering accusations of piracy and illegal interference from Beijing and Caracas. Analysts warn of a dangerous escalation in global shipping lanes. Read the full story.
The Trump administration escalates pressure on Venezuela by seizing sanctioned oil tankers. A new legal strategy aims to cripple the global black market for crude, impacting US adversaries. Read the full analysis.
Donald Trump intensifies pressure on Venezuela's Maduro, accusing him of sending criminals to the US. Putin and Xi pledge support, escalating the global oil war. Read the full analysis.