In a dramatic move, President Trump has declared a national emergency to protect $2.5 billion in Venezuelan oil revenue from private creditors, linking it to U.S. national security and regional stability. This strategy aims to stabilize Venezuela while opening doors for U.S. companies in the region. Discover how this decision could reshape international relations and impact oil markets.
President Trump urges U.S. oil companies to invest $100 billion in Venezuela, but ExxonMobil's CEO claims the country remains 'uninvestable' without major legal reforms.
President Trump announces the capture of Nicolás Maduro, igniting debates over U.S. companies' claims to Venezuelan oil assets. What does this mean for the future of the oil industry?
In a bold maritime operation, the US Coast Guard has seized two oil tankers linked to Russia for attempting to evade US sanctions on Venezuelan oil. This significant move underscores escalating tensions between the US and Russia amidst ongoing geopolitical conflicts.
In a dramatic operation, the U.S. Coast Guard has seized a Russian tanker, M/T Sophia, in the Caribbean, raising tensions over Venezuela's oil. This bold move signals ongoing U.S. control over Venezuelan oil amidst international scrutiny.
In a bold move, Trump suggests that US taxpayers could reimburse energy companies for repairing Venezuela's oil infrastructure, aiming to boost production post-Maduro. With key meetings ahead, the future of Venezuela's oil industry hangs in the balance.
In a surprising turn of events, Chinese buyers are shunning Venezuelan crude due to a US blockade that's tightening the export market and driving prices up. Discover the implications of this shift!
In a bizarre twist, the crew of the Bella 1 oil tanker has painted a crude Russian flag on its hull while being pursued by the US Coast Guard. This act complicates the legalities of seizing the vessel, which is under US sanctions for allegedly shipping Iranian oil. The situation raises questions about the future of US efforts to control Venezuelan oil exports.
The U.S. Coast Guard is ramping up its operations against sanctioned oil tankers linked to the Venezuelan government, amidst heightened tensions and calls for military action from the Trump administration.
In a significant escalation, the U.S. Coast Guard boarded a tanker carrying Venezuelan oil, amid rising tensions with President Maduro. The operation raises questions about maritime law and international trade.