Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...

President Trump ordered a “total and complete blockade” of all oil tankers heading to and leaving Venezuela while labeling the country a “foreign terrorist organization” and demanding the regime ...

Brent crude oil fell over 2% to below $60 per barrel, its lowest level since May, due to rising hopes for a potential peace deal in the Russia-Ukraine conflict. The prospect of a peace agreement could ...

NEW YORK, Dec 22 (Reuters) - Oil prices settled higher on Monday after the U.S. Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged ...

The scope of President Trump’s blockade against ships carrying oil from Venezuela was not clear on Wednesday. By Rebecca F. Elliott President Trump’s blockade on oil tankers under sanction near ...

Trump’s announcement of a blockade on sanctioned Venezuelan tankers pushed WTI crude up more than 2.4%, reflecting heightened geopolitical risk premiums. The move could ultimately disrupt a sizable ...

In public, the White House says it is confronting Venezuela to curb drug trafficking. Behind the scenes, gaining access to the country’s vast oil reserves is a priority. Oil drilling equipment in ...

President Donald Trump on Tuesday ordered a total blockade of oil tankers entering or leaving Venezuela, declaring the Nicolás Maduro regime a foreign terrorist organization and accusing it of using ...

President Trump ordered a blockade of all sanctioned oil tankers entering and exiting Venezuela on Tuesday, continuing his escalations against the Latin American country and its leader, Nicolás Maduro ...

Petróleos de Venezuela (PDVSA), Venezuela's state-owned oil company, was hit by a cyberattack over the weekend that disrupted its export operations. In a Monday statement, PDVSA denied that the ...

After the U.S. seized a tanker carrying Venezuelan crude oil, the shadowy fleet of "ghost ships" used to evade sanctions drifted squarely into President Donald Trump's crosshairs. On Dec. 10, Trump ...

President Trump said Wednesday that Venezuela must pay for the oil assets previously seized by the South American nation, as tensions rise over the U.S. military’s action in the Caribbean. “You ...