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 surprising move, OPEC+ will raise oil output by 137,000 bpd starting in November, amidst concerns of a looming supply glut. With differing opinions from major players like Russia and Saudi Arabia, the oil market faces uncertainty ahead.
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+'s latest oil supply shock is expected to create a surplus later this year, potentially lowering fuel prices as global demand shifts. This move follows pressure from President Trump for lower costs and highlights Saudi Arabia's confidence in the market.
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.
The U.S. military's recent strike on Iran's nuclear program raises questions about the future of oil prices. Analysts weigh the potential for increased prices against the backdrop of ongoing geopolitical tensions and their effects on oil exports.
Global oil prices have surged over 10% after Israel's military actions against Iran, raising concerns about potential supply disruptions in the Middle East. Analysts warn that escalating tensions could lead to significant impacts on global energy markets.