US seizes Venezuelan oil tankers
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Wars are dominating the global headlines these days, but not all of them involve bullets and bombs. President Trump’s recently announced tariff policy has the potential to kick off a ‘tariff war,’ which could easily spill over into a trade and ...
U.S. Vice President JD Vance, in remarks due to air later on Wednesday, said Venezuela can only sell its oil if it serves the interests of the United States. Vance told Fox News' "Jesse Waters Primetime" show that the United States - which carried out strikes against the South American country and captured its president over the week - controls Venezuela's purse strings.
Millions of barrels of Venezuelan oil that couldn't previously be sold because of US sanctions will begin arriving 'very soon,' the White House said.
The United States and Venezuela have reached an agreement to export up to $2 billion worth of Venezuelan crude to U.S. ports, (January 6), a move that could redirect oil shipments meant for China and ease pressure on Venezuela’s sanctioned oil industry.
A flotilla of US oil tankers is poised to begin loading stranded Venezuelan oil, as analysts warned the country’s production will “collapse” unless Washington halts its naval blockade. Chevron, the most prominent US company operating in Venezuela,
Venezuela's state-run oil company PDVSA said on Wednesday it is progressing in negotiations with the United States for oil sales, as a board member for the company told Reuters the U.S. will need to buy cargoes at international prices.