Zombie Ship Shows US Targeting Darkest Corner of Oil Fleet December 24, 2025 By Weilun Soon A 27-year-old crude tanker that was supposedly scrapped in 2021 is due to reach Venezuela late this week, according to...
Trump Orders ‘Blockade’ of Sanctioned Oil Tankers Leaving, Entering Venezuela December 17, 2025 By Idrees Ali, Phil Stewart, Shariq Khan and Marianna Parraga U.S. President Donald Trump ordered on Tuesday a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, in Washington’s...
Oil Tanker Rates to Stay Strong Into 2026 as Sanctions Remove Ships for Hire December 15, 2025 By Jonathan Saul and Jeslyn Lerh The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet...
US Preparing to Seize More Tankers off Venezuela’s Coast After First Ship, Sources Say December 12, 2025 By Jonathan Saul, Marianna Parraga and Matt Spetalnick The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as...
Over 30 Sanctioned Ships in Venezuela at Risk After US Tanker Seizure December 11, 2025 By Marianna Parraga and Jonathan Saul More than 30 U.S.-sanctioned oil vessels doing business in Venezuela could face punishment by Washington after the Coast Guard seized...
US Seizes Sanctioned Oil Tanker Off Coast of Venezuela, Trump Says December 11, 2025 By Idrees Ali, Phil Stewart, Steve Holland and Marianna Parraga The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a...
US Terror Label in Venezuela Deepens Risk for Oil Companies November 26, 2025 By Bloomberg News The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela,...
Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade April 30, 2025 On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the...
Venezuela Resorts to Using Shadow Tankers to Supply Oil to Ally Cuba June 27, 2024 By Marianna Parraga Venezuela’s state oil company PDVSA has begun using tankers that navigate off radar to supply its closest political ally, Cuba,...
Growing Shadow Fleet of Tankers, Shipping Sanctioned Oil, Are Burning Dirty Fuel May 29, 2024 By Jonathan Saul The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel...