Vessels are idling at ports or veering away from the region. But for Chevron, it’s business as usual.
Earlier in July, Bloomberg reported that Chevron would hand over a percentage of its Venezuelan production to the Maduro ...
Along with the blockade, Trump said he has formally designated Venezuela's Maduro and his government allies a foreign terrorist organization.
In public, the White House says it is confronting Venezuela to curb drug trafficking. Behind the scenes, gaining access to ...
By Idrees Ali, Phil Stewart, Shariq Khan and Marianna Parraga WASHINGTON, Dec 16 (Reuters) - U.S. President Donald Trump ...
President Donald Trump said Tuesday he was ordering a “total and complete blockade” of sanctioned oil tankers coming to and ...
President Donald Trump says he is ordering a blockade of all “sanctioned oil tankers” into Venezuela, ramping up pressure on ...
Venezuela's state-run company PDVSA is dealing with stuck oil cargoes, rising price discounts and demands from customers to ...
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Seizures of more tankers could put a stranglehold on Venezuela’s economy, which is exceptionally dependent on oil to keep the ...
The moves comes after U.S. forces last week seized an oil tanker off Venezuela's coast.
Chevron cut the price of Venezuelan crude after U.S. forces seized a tanker carrying sanctioned oil, adding pressure to an ...