Venezuela defies Trump's oil blockade
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Bjarne Caesar Skinnerup works as a maritime pilot in the straits of Denmark. That means he's used to seeing oil tankers. But after the start of the war in Ukraine, the tankers started getting weird. They were flying flags he'd never seen before. They were ...
A spike in freight rates for tankers hauling oil has prompted a wave of vessels to join the lucrative trade, with dozens of ships switching their focus from hauling products to carrying crude across the world’s oceans. In the first four days of this ...
Trump orders total blockade of Venezuelan oil tankers as the South American nation controls world's largest oil reserves with over 300 billion barrels.
It was a moment that highlighted Trump’s escalating pressure on Venezuela—and that kept his intentions uncertain. The campaign reached a new level of intensity this week when Trump ordered a partial blockade of Venezuela’s oil exports and demanded the return of expropriated U.