Venezuelans are snapping up dollars, sending the local currency crashing to record lows as concern mounts that the Trump ...

President Donald Trump has authorized a 25% tariff on goods from countries purchasing oil and gas from Venezuela, which ...

Secretary of State Marco Rubio heads Thursday to Guyana to offer to put the newly oil-rich nation under the US security ...

Crude oil prices jumped following US President Donald Trump’s announcement that he would impose 25% tariffs on Venezuela’s ...

President Donald Trump on Monday threatened a 25 percent tariff on any nation purchasing oil and gas from Venezuela.

President Donald Trump threatens a 25% tariff on any nation purchasing oil and gas from Venezuela, ratcheting up his dispute ...

India, one of the biggest importers of Venezuelan crude, bought 22 million barrels in 2024. The tariff come a little over a ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Secretary of State Marco Rubio was visiting Guyana amid ExxonMobil’s oil production there. Venezuela has asserted claims to a ...

According to Reuters, the largest buyer of Venezuelan oil is China, followed by the US, India, Spain, Italy, and Cuba. The tariff will also include countries that purchase Venezuela's oil through ...

Venezuela boasts some of the largest crude oil reserves in the world, and it also has the largest natural gas deposits in South America. Its economy is largely reliant on energy exports.