Cuba needs 100,000 barrels of oil a day to keep the lights on, experts say, and to keep its buses, trains and factories running. But because of President Trump, it is not getting nearly enough. With the Trump administration exerting control over Venezuela’s oil industry, Cuba is receiving only a trickle of the oil it […]
Tag: oil
Trump promises oil executives ‘total safety’ if they invest in Venezuela | Donald Trump News
United States President Donald Trump has called on oil executives to rush back into Venezuela as the White House looks to quickly secure $100bn in investments to revive the country’s ability to fully tap into its expansive reserves of petroleum. Trump, as he opened the meeting with oil industry executives on Friday, sought to assure them […]
US says it wants to control Venezuelan oil indefinitely. Can it? | Oil and Gas News
The United States government has said it aims to control Venezuelan oil sales indefinitely. “We need to have that leverage and that control of those oil sales to drive the changes that simply must happen in Venezuela,” Energy Secretary Chris Wright said on Wednesday. Recommended Stories list of 4 itemsend of list His comments come […]
US says it will control Venezuela’s oil sales ‘indefinitely’ | Oil and Gas News
The United States says it will control sales of Venezuelan oil “indefinitely” and decide how the proceeds of those sales are used, as President Donald Trump’s administration consolidates control over the South American country after abducting its president. The US Department of Energy said on Wednesday that it had “begun marketing” Venezuelan oil on global […]
US seizes Russian-flagged oil tanker in North Atlantic and 2nd tanker
The U.S. on Wednesday seized two oil tankers linked to Venezuela, including the Russian-flagged Marinera oil tanker formerly known as the Bella-1 that had evaded a U.S. blockade back in December. The Marinera was transiting in the North Atlantic, according to three sources familiar with the operation. The operation was being carried out by the […]
Trump says US will be ‘very strongly involved’ in Venezuela’s oil industry after military attack | Donald Trump
Donald Trump has vowed that the US is “going to run” Venezuela until there is an orderly transition of power but provided few details after ousting the country’s leader, Nicolás Maduro, in an audacious military attack. Speaking at a press conference at his Mar-a-Lago residence in Palm Beach, Florida, on Saturday, the president hailed an […]
Rand Paul says seizure of oil tankers in Caribbean a ‘prelude to war’
Republican Sen. Rand Paul on Sunday criticized President Donald Trump’s military mission off Venezuela’s coast, calling the seizures of multiple oil tankers in the Caribbean Sea “a provocation and a prelude to war.” “I’m not for confiscating these liners. I’m not for blowing up these boats of unarmed people that are suspected of being drug […]
Trump orders ‘total’ blockade of sanctioned Venezuela oil tankers | Donald Trump News
BREAKINGBREAKING, The order comes a week after the US military seized an oil tanker off Venezuela’s coast. Published On 17 Dec 202517 Dec 2025 Click here to share on social media share2 Share United States President Donald Trump has ordered “a total and complete” blockade of all US-sanctioned oil tankers entering and leaving Venezuela. “Venezuela […]
Venezuela oil exports fall steeply after US forces seize tanker off coast | Nicolas Maduro News
Oil tanker movements in and out of Venezuelan waters come to near standstill after US seizes vessel and fuel cargo. Venezuela’s oil exports have plummeted since the United States seized an oil tanker off the country’s coast this week and imposed new sanctions on shipping companies doing business with the embattled Latin American country. Oil […]
Venezuela oil exports reportedly fall sharply after US seizure of tanker | Venezuela
Venezuelan oil exports have reportedly fallen sharply since the US seized a tanker this week and imposed fresh sanctions on shipping companies and vessels doing business with Caracas, according to shipping data, documents and maritime sources. The US seizure of the Skipper tanker off Venezuela’s coast on Wednesday was the first US capture of Venezuelan […]