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

Under international law, Venezuela has control over its own oil — but its efforts to nationalize its oil industry in 2007 did ...

Tensions are rapidly escalating in Venezuela as China and Russia expand their strategic footprint in the crisis-hit nation, ...

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 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 ...

Venezuela’s oil production has collapsed under years of mismanagement and U.S. sanctions, leaving the country reliant on shadow fleets and limited foreign partners. The Trump administration’s ...

The Trump administration says it wants U.S. oil companies to return to Venezuela, but some don't desire to re-invest. Why would oil companies be against returning to a country with large oil reserves?

In announcing the U.S. had seized an oil tanker off Venezuela on Wednesday, President Donald Trump said of its crude, “We’ll keep it, I guess.” The prospect of a U.S. attack on Venezuela has shifted ...

It comes a week after the US seized an oil tanker off the country's coast, intensifying pressure on Nicolás Maduro.

The US oil company Chevron is walking a tightrope amid tensions between Washington and Caracas to retain its fragile position as the only foreign company allowed to exploit Venezuela's oil reserves —- ...

LONDON, Dec 15 (Reuters) - The United States' tightening grip on Venezuela’s oil exports could strangle the country's crude output and cut off President Nicolas Maduro's main economic lifeline, but it ...