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The Latest Breaking News from Oil

Oil blockades, a two week chase and ‘outright piracy’: All we know about blacklisted supertanker seized by US

The Marinera, registered under a Russian flag, is the third sanctioned tanker the US has seized in recent weeks, Alex Croft reports

The Independent UK

US attack on Venezuela will decide direction of South America’s vast mineral wealth

Outcome of aggression will determine whether rare earths and other resources drive energy transition – or strengthen US military power and oil interests

The Guardian - UK

Russia Says U.S. Seizure of Tanker Violated Maritime Law, Local Lawmaker Calls it 'Outright Piracy'

Russia accused the United States on Wednesday of violating international maritime law after U.S. forces seized a Russian-flagged oil tanker in the North Atlantic.

Latin Times

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FTSE 100 retreats amid weak metal and oil prices

The FTSE 100 index closed down 74.52 points, 0.7%, at 10,048.21.

Evening Standard

10 Mechanical Warning Signs Drivers Should Act On Immediately

When I was still working in automotive shops, there were a ton of issues I’d see that could have been avoided if the driver had only acted sooner. Most mechanical problems won’t just disappear on their own. In fact, as time goes on, they usually get worse and more expensive.…

Clever Dude

Reflagged by Russia, spied on by UK, seized by US: why so much interest in a rusty tanker in the Atlantic?

The ship is alleged to be part of a shadow fleet dodging western sanctions. It had no oil onboard – but was it carrying Russian weapons?

The Guardian - UK

Russia Deploys Warships to Protect Oil Tanker from US Pursuit, Escalating Fears of Major Conflict

Russia sends warships and a submarine to escort a sanctioned oil tanker evading US pursuit in the North Atlantic, raising fears of confrontation.

International Business Times UK

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Crude Prices Tumble on Prospects that Venezuelan Crude Will Continue to Flow

February WTI crude oil (CLG26 ) today is closed down -0.81 (-1.42%), and February RBOB gasoline (RBG26 ) is down -0.007 (-0.04%). Crude oil and gasoline prices are under pressure today, with crude falling to a 2-week low. Crude prices tumbled today after the US lifted sanctions on Venezuelan crude...

Barchart

Britain is now helping Trump play Big Man in the Atlantic with seizure of Russian-flagged oil tanker

COMMENT: The seizure of the oil tanker Marinera and Britain’s role in it is an embarrassing farce, writes world affairs editor Sam Kiley on the Venezuelan-Colombian border

The Independent UK

Ireland ‘monitoring’ situation with Venezuelan oil tanker – minister

Helen McEntee also said that she was ‘extremely concerned’ about the situation in Venezuela.

Evening Standard

British armed forces were involved in US seizure of oil tanker, MoD reveals

The Russian-flagged oil tanker Marinera was seized by US forces on Wednesday.

Evening Standard

Venezuelan governance picture clears as Trump team turns hawkish on hemisphere - Roll Call

President Trump isn't interested in mundane governing matters in Venezuela, a source says, as White House officials turn to more hawkish goals

Roll Call

WW3 Fears Mount As US Military Captures Russian-Flagged Tanker Near UK Water

Global tensions surge as US forces mobilise to intercept a Russian-flagged tanker near Scotland, prompting Moscow to deploy naval defences and sparking fears of a third world war.

International Business Times UK

U.S. defies Moscow, seizes oil tanker despite Russian submarine escort

The vessel had "been trying to evade the Coast Guard for weeks, even changing its flag and painting a new name on the hull."

Axios

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Roll Call

Trump’s State of the Union to happen in February - Roll Call

President Donald Trump is expected to address Congress for his first official State of the Union Address of his second term sometime in February.

We Got This Covered

Donald Trump would like Americans to foot the bill for Big Oil’s takeover of Venezuela – his agenda first, America comes second

He keeps telling the truth, but we just won't listen.

Barchart

This Is the Top-Rated Oil Stock to Buy Amid Venezuela Tumult

As geopolitical uncertainty clouds global oil supply, Cenovus Energy is standing out for its operational consistency, shareholder returns, and attractive valuation.

Reason

Cuba Libre

Plus: Nvidia bootlickers, Yeltsin moments, Trump Tower anti-imperialism, and more...

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The Independent UK

Russian-flagged oil tanker trailed by US Coast Guard before banned Venezuelan ship seized in Atlantic

Video appears to show a US Coast Guard ship sailing close to the Marinera, an empty oil tanker that has been trying to evade a US blockade near Venezuela.

International Business Times UK

Trump Secures Deal for 30-50 Million Barrels of Venezuelan Oil at Market Prices

Donald Trump announces a deal for the US to buy 30–50 million barrels of Venezuelan oil after Maduro's capture, rattling markets, cutting prices; Russia warns.

The Independent UK

The Latest: US forces board Venezuela-linked sanctioned oil tanker in North Atlantic

U.S. forces have boarded a Venezuela-linked sanctioned oil tanker in the North Atlantic

GOBankingRates

I Asked ChatGPT How the Conflict With Venezuela Could Impact My Finances — Here’s What It Said

Could President Donald Trump’s moves in Venezuela shake oil markets and your wallet? Here’s what ChatGPT had to say about the potential financial fallout.

Evening Standard

US seizes Venezuela-linked oil tanker off British waters

American forces boarded the Marinera, a Russian-flagged vessel previously known as Bella-1, on Wednesday.

Euronews

What is the Monroe Doctrine that Trump invoked to justify the Maduro raid?

First articulated in 1823, the Monroe Doctrine was largely meant to stave off European colonial influence in the western hemisphere, but modern presidents have used it to justify military intervention in Latin America.

Latin Times

U.S. Reportedly Seizing Tanker Russia Wants To Protect With Naval Forces

The U.S. is attempting to seize a sanctioned oil tanker that Russia has been seeking to protect, even sending armed naval forces to that end, according to a new report.

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