Daily Headlinez Top News Updates
The United States has eased sanctions on Venezuela’s state-owned oil sector, allowing American companies to resume limited business with Petróleos de Venezuela S.A. (PDVSA), as the Donald Trump administration seeks to expand global oil supplies during the ongoing Iran conflict, AP reported.The US Treasury Department on Wednesday issued a broad licence permitting PDVSA to sell…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has temporarily waived the century-old Jones Act for 60 days in a bid to ease rising energy costs in the United States, after the US-Israeli war with Iran sent oil markets sharply higher and pushed up petrol prices.As per news agency AFP,…
Image posted by Department of War on X US military forces on Sunday boarded another sanctioned oil tanker in the Indian Ocean after tracking it from the Caribbean Sea as part of efforts to curb illicit oil shipments linked to Venezuela.According to the defence department, US forces conducted the operation overnight in the INDOPACOM area…
Issuing such approval to Reliance may accelerate Venezuela’s crude shipments. (AI image) Reliance Industries (RIL) has been granted a general licence by the Donald Trump administration that will allow the company to crude oil directly from Venezuela without breaching any existing sanctions, a Reuters report has said.According to the report, this general licence permits the…
India will continue to import crude oil from countries where it is available at the most competitive prices and of suitable quality, while factoring in geopolitical conditions and avoiding sanctioned sources, the government told a parliamentary panel on Tuesday.Senior officials from the ministries of external affairs and commerce conveyed this position to the Parliamentary Standing…
The United States has intercepted and seized another sanctioned oil tanker at sea, escalating its enforcement campaign against so-called “ghost fleet” vessels accused of moving embargoed crude and drawing sharp criticism from Moscow. The latest operation, carried out in international waters east of the Caribbean Sea, was confirmed by Homeland Security Secretary Kristi Noem, who…
US secretary of state Marco Rubio on Wednesday said the United States has a “three-fold process” planned for Venezuela following the removal of its leadership Nicolás Maduro, saying Washington is moving ahead “to execute a deal to take all the oil” that is stuck in the country.US Secretary of State Marco Rubio on Wednesday outlined…
File photo: US President Donald Trump US President Donald Trump has said American oil companies will be allowed to move into Venezuela to tap its vast crude reserves following a US military operation that led to the capture of President Nicolás Maduro.Speaking at a press conference on Saturday, Trump said major US energy firms would…
The United States seized an oil tanker off the coast of Venezuela, President Donald Trump announced Wednesday, marking a dramatic escalation in his administration’s pressure campaign against Nicolás Maduro, the leader of Venezuela. “As you probably know, we have just seized a tanker off the coast of Venezuela, a large tanker, very large, the largest…
