21m ago Oil prices inch back up amid attacks on ships in Strait of Hormuz The price of Brent crude oil, the international standard, rose about 2.5% on Tuesday to trade at $73.83 a barrel as Iran launched attacks on several vessels in the Strait of Hormuz. U.S. staple West Texas Intermediate crude was…
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The U.S. carried out operations Wednesday to seize two oil tankers linked to Venezuela — one in the North Atlantic and one in the Caribbean Sea, officials said. The U.S. European Command confirmed the seizure of the Marinera, a Venezuela-linked oil tanker formerly known as Bella-1. It said the vessel was seized for violations of U.S….
The U.S. imposed sanctions on three nephews of Venezuelan President Nicolás Maduro on Thursday, as well as half a dozen ships accused of carrying oil from the country, as President Trump looks to inflict further pressure on the South American nation. The new sanctions target Franqui Flores, Carlos Flores and Efrain Campo. Also included in…
