That was President Donald Trump’s solution for lowering prices for millions of Americans when he was campaigning in 2024 for the top job. At the time, he wanted to expedite drilling permits that took ...

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. — a shipment the president valued at $500 million. It's part of the administration's push to tap into ...

President Trump’s fixation on Venezuela’s oil raises the question of how much “energy dominance” is really worth nowadays. By Anton Troianovski Reporting from Washington For a White House pursuing ...

The removal of Maduro and potential U.S. involvement could revamp Venezuela's struggling oil sector, making it easier for U.S. oil companies to do business in the country. Venezuela is believed to ...

President Donald Trump on Friday tried to sell Big Oil executives on the promise of an expansive new drilling campaign in Venezuela. But at least for now, the industry isn’t buying it. Trump and his ...

“No one was paying any attention to Venezuelan oil two weeks ago,” a longtime oilman said to me the other day, “but now everyone is.” Donald Trump made that happen. Following the dramatic seizure of ...

A crude oil tanker is seen on Lake Maracaibo, Venezuela, on Jan. 6, 2026. Reporter The United States seized another oil tanker overnight in the Caribbean Sea, the fifth vessel taken in recent weeks as ...

NEW YORK, Jan 7 (Reuters Breakingviews) - As the saying goes, there are lies, damn lies, and statistics. Add to that list Venezuela’s proven oil reserves. The country’s purported 300 billion barrels ...

In another striking show of force, the U.S. military on Wednesday seized two sanctioned oil tankers on the open sea. This followed President Trump’s declaration late Tuesday that the U.S. would sell ...

NEW YORK (AP) — Venezuela’s oil industry has been in the spotlight since President Donald Trump used military force to capture the country’s leader, President Nicolas Maduro. A glimmer of hope for ...

An oil tanker remains anchored at the dock during a walk around the outskirts of the 'El Palito' refinery on Dec. 18, 2025, in Puerto Cabello, Venezuela. Jesus Vargas TNS Following the capture of ...

Venezuelan Interior Minister Diosdado Cabello said Wednesday that 100 people were killed during the U.S. operation, but he didn't offer details on how many were civilians or members of the military.