In a bold move, the U.S. has seized a Venezuelan oil tanker, stirring controversy and raising questions about its implications for international relations and oil markets. White House officials clarify the legal process behind the seizure, while Venezuela calls it an act of piracy.
In a bold move, President Trump signals intentions to seize more oil tankers off Venezuela's coast, escalating pressure on Maduro. The U.S. already seized a tanker transporting oil to Iran, with more actions expected soon. What does this mean for global oil markets and U.S.-Venezuela relations?
In a bold move, the U.S. has seized an enormous oil tanker off the Venezuelan coast, escalating tensions with Maduro's government. This unprecedented action raises questions about U.S. motives and could impact global oil markets.
In a bold move, President Trump announces a new, shorter deadline for Putin to agree to a ceasefire in Ukraine, threatening heavy sanctions if Russia doesn't comply. What could this mean for global oil markets?
OPEC+ is set to ramp up oil production more quickly than anticipated, as the alliance led by Saudi Arabia responds to robust summer demand. This move aims to reclaim market share and unwind recent output cuts a year ahead of schedule.
U.S. strikes on Iranian nuclear sites could escalate tensions in the Middle East, potentially disrupting oil exports and causing a spike in energy prices. However, history suggests any disruption may be short-lived.
In a surprising decision, OPEC+ has agreed to increase oil production for the third consecutive month, despite Russia's concerns. This move could drastically reshape the global oil market.
In a surprising move, eight OPEC+ countries have agreed to increase oil output by 411,000 barrels per day for June, following a similar rise in May. This decision, amid U.S.-China trade tensions and falling prices, has analysts speculating on future market impacts.
The trade of Venezuelan oil to China faces uncertainty after President Trump's new tariff threats. Traders are on hold, awaiting clarity, as the oil market is thrown into turmoil.
In a bold move, President Trump announces a 25% tariff on countries purchasing oil from Venezuela, effective April 2. This decision is linked to concerns over violent immigration from Venezuela, impacting global oil markets as prices surge.