Category : Search result: Labour oil industry


US seizes sanctioned oil tanker with British help

US forces, supported by the UK, have captured the blacklisted supertanker Marinera in the North Atlantic after a dramatic two-week pursuit. Read the full story on the sanctions-busting vessel.

US Strategy for Venezuela's Vast Oil Reserves Unveiled

Following the capture of President Maduro, the US plans to tap Venezuela's colossal oil reserves. Analysis reveals the potential impact on global supply, US refineries, and the immense challenges ahead.

Oil Slumps on Trump's Venezuela Crude Seizure Plan

Brent crude prices tumbled below $60 a barrel after President Trump announced plans for Venezuela to hand over up to 50 million barrels of oil. Discover the market impact and FTSE 100 reaction.

Stocks Jump as Trump Targets Venezuela Oil

US stock markets rallied sharply after Donald Trump announced a military-led takeover of Venezuela's oil industry. Energy shares led gains, but analysts warn of risks ahead. Read the full analysis.

Venezuela tankers evade US blockade in dark mode

A dozen sanctioned tankers loaded with Venezuelan crude have left the country's waters despite the US embargo, raising questions about the blockade's effectiveness. Read the full report.

Trump's Venezuela Oil Plan Faces Major Investment Hurdles

President Trump's plan to seize and revitalise Venezuela's oil industry after a military raid faces significant political and infrastructural challenges, with analysts warning of a decade-long rebuild. Explore the global energy implications.

Third US oil tanker pursuit off Venezuela in a week

The US Coast Guard is tracking another sanctioned oil tanker near Venezuela, escalating tensions. This marks the third such action in a week, raising fears of conflict and potential oil price spikes.

US intercepts third vessel off Venezuela coast

US forces have boarded a third vessel near Venezuela, intensifying President Trump's 'total blockade' on sanctioned oil tankers. Read the latest on the escalating maritime operation.

US Oil Industry Rejects Trump's Venezuela Overtures

American energy firms show little interest in returning to Venezuela's broken oil fields, creating a major hurdle for Trump's post-Maduro strategy. Discover the reasons behind the cold corporate shoulder.

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