All articles tagged with #oil embargo
The US has seized a vessel in international waters off Venezuela's coast, marking the second such action this month amid ongoing tensions, US sanctions, and a declared blockade targeting Venezuelan oil exports, with Venezuela condemning the move as theft.
Venezuela has requested a UN Security Council meeting to address what it calls ongoing US aggression, following US President Trump's order to blockade Venezuelan oil tankers, escalating tensions between the two countries.
President Trump has ordered a total blockade of all sanctioned oil tankers entering and leaving Venezuela to increase pressure on Maduro, amid escalating tensions, military actions, and US seizures of Venezuelan oil assets, with potential impacts on global oil prices and regional stability.
U.S. President Donald Trump designated the Venezuelan government a 'terrorist' organization and ordered a complete blockade of sanctioned oil tankers, escalating pressure on Venezuela amid ongoing tensions and potential impacts on global oil markets.
US President Donald Trump announced a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, escalating tensions amid accusations of resource theft and criminal activities by Maduro's government.
The EU and US have imposed new sanctions on Russia, targeting its oil industry and diplomatic activities, in an effort to pressure Russia into a ceasefire in Ukraine, including a ban on Russian LNG imports and restrictions on Russian vessels and diplomats.
President Trump issued an ultimatum to NATO allies to impose major sanctions on Russia, including stopping oil purchases, and to ramp up tariffs on China, aiming to end the Ukraine war, but NATO's response remains uncertain amid ongoing Russian drone attacks and geopolitical tensions.
The EU has implemented unprecedented sanctions on Russia, targeting its energy, banking, and military sectors, including a price cap on Russian oil, bans on Nord Stream pipeline transactions, and restrictions on Russian banks and shipping vessels, aiming to weaken Russia's war capabilities and pressure for a ceasefire in Ukraine.
Iranian Supreme Leader Ayatollah Ali Khamenei has called on countries to block the flow of oil and food to Israel in response to its military action against Hamas in Gaza. Khamenei praised Hamas for its recent attack on Israel and urged Islamic governments to halt economic cooperation with Israel. However, OPEC has no plans to impose an oil embargo on Israel. Iran reportedly helped Hamas plan its attack on Israel, according to senior members of Hamas and Hezbollah.