Oil

US offers up to $15 million in rewards for information that leads to capture of IRGC-linked vessels

The US Department of State is offering a reward of up to $15 million for information that would lead to the identification of entities involved in oil sales conducted by the IRGC.

 The Iranian ship Khark at an undisclosed location in Iran, September 10,2020.
Blue barrels of oil.

US-Iran flare-up, cold stint push oil prices to multi-month peak

 A drone view shows the Zubair Oil Field in Basra, Iraq, January 16, 2025.

US threatens to starve Iraq of its oil dollars over Iranian influence, sources say

Flag of Azerbaijan

Israel's imports of Azerbaijani oil via Turkey jump despite Ankara's trade ban


'I look forward to saying hello to her': Trump says on upcoming meeting with Venezuela’s Machado

Trump says Venezuelan opposition leader and Nobel Peace Prize laureate María Corina Machado is expected in Washington next week after US strikes captured Nicolás Maduro.

A person holds up an image depicting Venezuelan opposition leader Maria Corina Machado, as people celebrate after the US struck Venezuela and captured its President Nicolas Maduro and his wife Cilia Flores, in Santiago, Chile, January 3, 2026.

US could maintain oversight of Venezuela 'much longer' than a year, Trump tells NYT

"We will rebuild it in a very profitable way," Trump said of Venezuela, adding, "we're going to be using oil, and we're going to be taking oil."

US President Donald Trump gestures as he addresses House Republicans at their annual issues conference retreat, at the Kennedy Center, renamed the Trump-Kennedy Center by the Trump-appointed board of directors, in Washington, DC, US, January 6, 2026.

US VP says Venezuela can only sell oil if it serves US interests

Oil producer Chevron is reportedly in talks with the US government to expand in Venezuela, and Trump claimed Venezuela will only purchase American-made products with oil money.

US Vice President JD Vance closes out AmericaFest, the first Turning Point USA summit since the assassination of Charlie Kirk, in Phoenix, Arizona, US, December 21, 2025

Rubio says US plan for Venezuela is stability, recovery, then transition

Secretary of State Marco Rubio said the US plans to stabilize Venezuela, secure access for US oil companies, and oversee a political transition, drawing sharp Democratic criticism.

US Secretary of State Marco Rubio (R) and Secretary of Defense Pete Hegseth (L) speak following a closed door Senate meeting on the US capture of Venezuela's Nicolas Maduro, and his wife Cilia Flores, January 7, 2026.

US, with help of UK, seizes Venezuela-linked oil tanker sailing under Russian flag

The tanker, previously known as the Bella-1, was originally bound for Venezuela before it turned around last month after encountering the US Coast Guard.

The vessel tanker formerly known as Bella 1, now the Marinera, at Singapore Strait, after US  officials say the US Coast Guard pursued an oil tanker in international waters near Venezuela, in this picture taken from social media on March 18, 2025.

US to import up to $2 billion in Venezuelan crude oil under new export deal

The US and Venezuela reached a deal to export up to $2 billion in crude to the US, with President Donald Trump saying the move would divert oil from China and ease pressure on Venezuelan production.

 Oilfield workers hold a flag with the corporate logo of Venezuela's state oil company PDVSA on a drilling rig at an oil well operated by them in the Orinoco belt, near Cabrutica, Anzoategui, April 16, 2015.

It’s really about oil, not drugs: Why Trump's 'Donroe Doctrine' is attacking Venezuela - opinion

This is a president who considers global warming a hoax, solar panels “ugly as hell,” wind turbines as visual blights and killers of birds and whales.

Picture of fire at Fuerte Tiuna, Venezuela's largest military complex, after a series of explosions in Caracas on January 3, 2026.

After Maduro’s capture, Rubio links Venezuela mission to fight against Iran, Hezbollah

US Secretary of State Marco Rubio said the United States will exert leverage to ensure that the country “no longer cozy up to Hezbollah and Iran in our own hemisphere.”

US Secretary of State Marco Rubio holds his end-of-year press conference at the State Department in Washington, DC, US, December 19, 2025.

Venezuelan oil exports show signs of movement as bonds jump after Maduro arrest

Sanctioned oil tankers have quietly left Venezuela despite a us embargo, as markets rally on hopes of a post-Maduro transition.

A person holds a Venezuelan flag as Venezuelans living in Costa Rica demonstrate for a democratic transition, after the US launched strikes on Venezuela, capturing its President Nicolas Maduro and his wife Cilia Flores, in San Jose, Costa Rica January 4, 2026

Venezuela’s energy, mining sectors in focus after Maduro capture - explainer

Despite holding the world’s largest oil reserves, Venezuela’s oil and mining output remains far below capacity after years of mismanagement, underinvestment and sanctions under Maduro.

 Ender Moreno looks for gold at La Culebra gold mine in El Callao, Bolivar state, southeastern Venezuela on March 1, 2017.