Oil bounces
Digest more
President Donald Trump announced late Tuesday he had ordered a “A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela”—an escalation of the Trump Administration’s military pressure campaign on the South American country.
In December 2025, the U.S. did seize an oil tanker off the coast of Venezuela — just not the one shown in viral posts.
Venezuela's state-run oil company PDVSA has been subject to a cyberattack, it said on Monday, adding its operations were unaffected, even though four sources said systems remained down and oil cargo deliveries were suspended.