Venezuela’s economic conditions have repeatedly undercut the ability of its military to maintain the planes in its fleet.

He is in a very difficult position because his long-held beliefs are not the ones he has been tasked to defend now.” ...

OPEC+ is debating whether to raise oil output in April as planned or freeze it as its members struggle to read the global ...

Oil prices rose more than 2% on Thursday as supply concerns resurfaced after U.S. President Donald Trump revoked a licence ...

Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned ...

If world leaders had been clearer about the sanctions Putin would face, they might have deterred his invasion of Ukraine.

US President Donald Trump says he will revoke a license which allowed Venezuela to export some of its oil to the US despite ...

Oil prices jumped Thursday as traders assessed the impact of potential tariffs on Canadian oil imports after President Trump ...

President Donald Trump’s announcement marked an abrupt reversal of his administration’s outreach to Venezuela’s Nicolás ...

Since it first imposed sanctions on Venezuela's energy sector in 2019, the United States has granted individual licenses to ...