Major policy shift sees Venezuela become key U.S. oil supplier under Trump administration, with new contracts signed for Gulf ...

The Treasury Department made it easier Friday for U.S. businesses and farmers to buy Venezuelan fertilizer and oil as their prices rise because of the Iran war, Axios has learned. Why it matters: The ...

American fuel makers are gobbling up Venezuela’s heavy crude even as the U.S.-Israeli strikes on Iran have stalled global oil ...

The US Treasury Department eased some sanctions against Venezuela on Friday, making it easier for American businesses and ...

Private jets fly over dilapidated Maracaibo as executives seek deals and crude prices surge. A real recovery will not be easy ...

The revitalization of Venezuela's oil industry following U.S. intervention threatens the market for Ecuador's heavy crude, ...

Following recent geopolitical shifts, international oil majors are now focusing on exploiting Venezuela's largely untouched natural gas reserves, which could be a faster path to energy development ...

The Strait of Hormuz is a critical chokepoint in the world's oil supply, driving up gas prices as the conflict with Iran continues.

Venezuelan oil is unlikely to lower gas prices in the short term but could reduce price volatility over the next three to five years. Venezuela possesses the world's largest proven oil reserves, but ...

These price increases worried many Americans who remembered how a gasoline price spike in 2022 following Russia’s invasion of Ukraine helped boost inflation to levels not seen i ...