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The Latest Breaking News from Oil

US aircraft monitor tanker off Ireland that tried to evade Venezuela blockade

Ship changed its name and registered in Russia in apparent attempt to prevent possible US seizure near British Isles

The Guardian - UK

Elon Musk Backs Trump Who Vows to 'Run' Venezuela And Seize Oil Infrastructure

Elon Musk signals support for Donald Trump's shock Venezuela invasion and capture of Nicolas Maduro by updating his X profile picture to the US flag.

International Business Times UK

A ‘fossil-fuelled war': Trump’s plans to ‘exploit’ Venezuela’s oil reserves sparks climate backlash

Trump says he will bring in large US companies to fix Venezuela’s oil infrastructure, despite growing calls to end fossil fuels.

Euronews

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Chevron stock is spiking after the U.S. raid on Venezuela

The price of U.S. crude oil gained 1% after U.S. forces captured Venezuelan President Nicolás Maduro in a weekend raid.

Fortune

Venezuela’s new interim president is the daughter of a socialist who was arrested in connection with the 1976 kidnapping of an American businessman

Delcy Rodríguez also developed strong ties with Republicans in the oil industry and on Wall Street who balked at the notion of U.S.-led regime change.

Fortune

'Piggy' Trump Blasted For 'Garbled' Tone at Mar-a-Lago, Mocked After 'Dozing Off' During Press Con

Donald Trump faces renewed health concerns after slurring his words during a Mar-a-Lago press conference on the Venezuela crisis. Critics label his tone 'garbled'.

International Business Times UK

Prax Lindsey oil refinery bought out of administration by US rival

Insolvency Service says 250 staff remaining at Lincolnshire site will be guaranteed jobs until the end of March

The Guardian - UK

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Trump Bypasses Congress to Give Oil Firms Insider Access to Venezuela Resources

Trump declares US can access Venezuela's oil without congressional approval after military operation capturing President Nicolás Maduro.

International Business Times UK

Oil rallies after Venezuela shock while safe haven assets also rise

Washington’s action in Venezuela jolted markets, with oil showing volatile price movements as investors considered long-term supply consequences. Gold and defence stocks also inched up.

Euronews

Cotton Starting Monday with a Rally Back

Cotton price action is up 35 to 46 points so far on Monday morning. Futures closed the Friday session with weakness, as contracts were down 11 to 26 points, with March slipping 48 points over the short week. Crude oil futures were down 9 cents per barrel at $57.41. The...

Barchart

Soybeans Rallying Early on Monday

Soybeans are trading with 5 to 10 cent gains so far on Monday. Futures came back from earlier sharp weakness on Friday to close the initial 2026 session with contracts down a penny to 3 cents. Open interest was up just 1,105 contracts on Friday. March was down 26 ¾...

Barchart

US-India Trade Tensions: Trump Threatens New Delhi With Tariff Hikes Over Russian Oil Imports

Trump warns India of new tariffs over Russian oil imports, escalating US-India trade tensions.

International Business Times

Revealed: How overthrown Venezuelan president Maduro helped strike deal that gave Londoners cheap bus fares

20 years on, Ken Livingstone’s cheap oil deal with Venezuela remains one of the most extraordinary - and controversial - initiatives by a London mayor

Evening Standard

OPEC+ Holds Production Levels as Internal Crises Rattle Oil Markets

OPEC+ keeps oil production steady amid political crises and market uncertainty, prioritizing stability over immediate action.

International Business Times

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Latin Times

Several Tankers Loaded With Venezuelan Crude Reportedly Left The Country Despite U.S. Blockade

Several tankers loaded with Venezuelan oil have left the country's waters with their transponders off despite the U.S. blockade, according to a new report.

International Business Times UK

Donald Trump Admits Oil Companies Knew About Venezuela Operation Before Congress

President Trump coordinated with US oil companies before and after the Venezuela operation, allowing them to plan reconstruction and manage the country's oil sector while Congress were uninformed.

Euronews

Tehran's method of governance has reached a dead end, former top adviser tells Euronews

Saeed Laylaz, an economist and adviser to former Iranian President Mohammad Khatami, spoke to Euronews about Iran, from the country's economic situation to the downfall of Nicolás Maduro, one of Tehran's most important allies, and how domestic and external circumstances affect Iran.

International Business Times UK

Greene Slams Trump's Venezuela Move as a 'Washington Playbook' Windfall for Big Oil and Banks

Outgoing Rep. Marjorie Taylor Greene has condemned Trump's Venezuela intervention, calling it a corporate windfall that betrays 'America First' goals.

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The Independent UK

Prax Lindsey oil refinery to stop standalone operations after Phillips 66 sale

Phillips 66 said it had decided to not restart standalone refinery operations at the Lindsey site because it was not ‘viable in current form’.

International Business Times

Maduro Due In Court Today As Trump Says 'We're In Charge' Of Venezuela

A motorcade carrying Maduro was seen leaving the Metropolitan Detention Center in Brooklyn early Monday ahead of his expected appearance, where he faces drug trafficking and weapons charges.

International Business Times UK

Trump Warns Cuba 'Ready to Fall' After Maduro Capture, Will Collapse Without Venezuelan Oil

President Trump declares Cuba 'ready to fall' following the US military capture of Venezuelan President Nicolás Maduro in Caracas, warning that the island nation faces economic collapse without Venezuelan oil subsidies.

The Independent UK

Trump warns India of higher tariffs over continued Russian oil imports

US president claims India took steps to reduce dependence on Russian energy supplies because ‘they wanted to make me happy, basically’

Evening Standard

Demand for defence stocks lifts FTSE as investors calm amid Venezuela turmoil

Investors appeared to react steadily to the political turbulence, with experts suggesting the impact to financial markets could be limited.

Fortune

Wall Street cheers the prospect of conflict in Venezuela and Greenland

Counterintuitively, the capture of Maduro will not have much of an effect on the price of oil—at least in the short term.

International Business Times

Venezuela VP Accuses US of 'Oil Grab' After Maduro Seized in Shock Regime Change Strike

Delcy Rodriguez denounced US actions on state TV, claiming Washington seeks Venezuela's oil and natural resources through regime change.

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