The Latest Breaking News from Oil

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.

Evening Standard · Jan 7

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.

Euronews · Jan 7

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.

Latin Times · Jan 7

Cotton Pushing Gains to Wednesday AM Trade

Cotton price action is up 20 to 27 points so far on Wednesday morning. Futures followed the Monday strength with Tuesday gains of 40 to 45 points at the close. Crude oil futures were back down $1.35 per barrel at $56.97. The US dollar index was up $0.353 at $98.335....

Barchart · Jan 7

What the US strike on Venezuela could mean for global oil prices

The capture of former Venezuelan president Nicolás Maduro by the US intelligence services and armed forces has resulted in a frenzy of speculation about its consequences. But there is no doubt that the events were closely linked to the oil riches of the country. While the political situation in Venezuela…

The Conversation · Jan 7

Far-Left Militias Tighten Grip on Caracas Streets Amid Fears of Imminent Civil War

Far-left colectivos seize Caracas after US capture of Nicolás Maduro, fuelling fears of civil war as abandoned military posts, repression, and warnings of coups grow.

International Business Times UK · Jan 7

Here’s How Trump’s Mission in Venezuela Could Impact the Middle Class

On Jan. 3, the world watched as President Donald Trump addressed Americans, saying the U.S. military had captured Nicolás Maduro, Venezuela's embattled leader of 12 years, and his wife. The pair were...

GOBankingRates · Jan 7

50 million barrels of oil — Donald Trump wants to ‘save’ Venezuela from the burden of wealth and let the U.S. figure out the rest

As long as the financial interests of industry leaders are covered.

We Got This Covered · Jan 7

Multiple US military planes land in UK days after Trump’s raid on Venezuela

The planes’ arrival came before US jets seized a sanctioned Venezuelan oil tanker now flying under a Russian flag near the British coast

The Independent UK · Jan 7

Is Havana next? After Maduro's removal, Cuba loses an ally and fears economic disaster

The Cuban leadership has lost a critical economic ally in Nicolás Maduro, and likely US oil embargo could deepen the island's economic crisis. But according to an expert, it is unlikely to bring people to the streets.

Euronews · Jan 7