The fuel-starved Caribbean island is facing its biggest test since the collapse of the Soviet Union under a U.S. oil blockade ...

The Treasury Department is easing sanctions on Venezuela’s state oil company. It's one way the Trump administration is trying ...

Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.

The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December.

An oil tanker seized by the United States for carrying Venezuelan oil is set to transfer the crude to a ​smaller vessel off the coast of Texas that can take it ‌to shore, ship tracking data showed on ...

A bold bet by a S. Korean shipping heir on ultra-large oil tankers is paying off handsomely as the war involving Iran and ...

The pre-dawn Caribbean waters were deceptively calm as the US Coast Guard cutter cut through the darkness, its crew preparing for what would become one of the most significant maritime interdictions ...

Two tankers suspected of carrying Russian fuel to Cuba face U.S. pressure and interception as Havana grapples with blackouts ...

U.S. expands Russian oil transaction ban to include Cuba, tightening sanctions amid tanker shipments and an energy crisis.

Russian tanker Anatoly Kolodkin is heading to the Caribbean island, despite Donald Trump’s push to choke Cuba's economy.

Oil prices have surged dramatically in early 2026, driven by the escalating Iran conflict and fears of Strait of Hormuz disruption. Crude oil surged over the weekend before settling near $84 per ...

The waiver to sanctions that President Donald Trump imposed on PDVSA in 2019 during his ‌first term ⁠was the latest move by ...