Trump orders total blockade of Venezuelan oil tankers as the South American nation controls world's largest oil reserves with ...

Oil is the cornerstone of the modern global economy. Despite attempts to divert away from fossil fuels and embrace green energy alternatives, the world marked its highest annual oil consumption in ...

Chevron, the lone U.S. company in the South American country, has weathered years of political and economic instability in ...

Venezuela has the world’s largest proven oil reserves, but production has collapsed in recent years due to corruption, under-investment and mismanagement. Francisco Monaldi, director of the Latin ...

The president said in a Truth Social post Venezuela should return those assets to the U.S. and declared an oil tanker ...

A buildup of U.S. military forces in the Caribbean Sea is raising concerns about a potential strike on Venezuela, home to the world's largest oil reserves Nearly 70% of U.S. refining capacity runs ...

The United States has been escalating pressure on Venezuela for months, from Trump's ultimatum demanding that President Nicolás Maduro leave with his family to warnings interpreted as preparations for ...

Imagine waking up in Venezuela to a full-blown crisis. The U.S. calls your government a terrorist organisation, warships sit ...