Russia has deployed a submarine and other warships to protect an empty oil tanker that is attempting to evade the US Coast Guard in the Atlantic Ocean.

Venezuelas oil exports have effectively come to a standstill after months of declining shipments triggered by sweeping U.S. sanctions and an intensified oil embargo announced by U.S. President Donald Trump.

US forces intercepted a sanctioned oil tanker that had fled before reaching Venezuela after tracking it in the Atlantic.

Tanker loading in Venezuela dwindled on Monday, following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack.

Treasury sanctions four Venezuelan oil companies and blocks tankers allegedly helping Maduro's regime evade sanctions and fund government operations.

Oil markets did not develop as expected in 2025, from demand weakness to reduced sanctions, but that doesn't mean those are off the table for 2026.

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,

Wright said he was speaking to U.S. oil companies to ‌learn what conditions would enable them to ​enter ‌the South American ‍country ⁠and added that he wanted to sell Venezuelan oil to U.S. refineries.