It was the 1970s, and Venezuela was awash in oil money. A lavish metro system was being dug out of the soil in Caracas, fit ...

Venezuela, the country Donald Trump once claimed would be ruled by the US after its leader Nicolas Maduro was captured in deadly airstrikes, holds the world’s largest proven oil reserves. This alone ...

US President Donald Trump said on Saturday that the US would run Venezuela until a “safe, proper and judicious transition” could take place, and US companies would heavily invest in boosting the South ...

Crew members aboard the aging, rusted oil tanker that the US has been pursuing at sea for nearly two weeks appear to have painted a crude image of a Russian flag on the ship’s hull, which American ...

Ukraine said it attacked the Syzran oil refinery in Russia’s southern Samara region overnight for the second time this month, causing a fire at the site. The extent of the damage is being clarified, ...

A sanctioned oil tanker pursued by US forces turned away from Venezuela and retreated out into the Atlantic Ocean, according to people familiar with the matter, as the Trump administration continues a ...

Recent U.S. actions against ships near Venezuela may embolden other countries to seize or detain ships, legal experts said. By Peter Eavis President Trump’s recent actions against tankers near ...

NEW YORK, Dec 23 (Reuters) - Oil prices settled higher on Tuesday as investors assessed stronger-than-expected U.S. economic growth and the risk of disruptions to oil supply from Venezuela and Russia.

Dec. 22 (Asia Today) --South Korea has surpassed 100 million barrels in government-held oil reserves as it seeks to bolster energy security against global supply disruptions, the industry ministry ...

Representative Adam Smith, Democratic leader of the House Armed Services Committee, says President Trump's move to block Venezuela's sanctioned oil shipments is aimed at driving President Nicolás ...

This image from video posted on Attorney General Pam Bondi’s X account, and partially redacted by the source, shows an oil tanker being seized by U.S. forces off the coast of Venezuela, Wednesday, Dec ...

The U.S. is chasing an oil tanker that refused to let members of the Coast Guard aboard in the Caribbean Sea on Saturday, Dec. 20. The move comes as President Donald Trump vows a "total and complete ...