Tag: oil export disruption

Venezuela Says It Is “Not Intimidated” by Trump’s Oil Blockade Threat, Claims Exports Remain Steady

Venezuela Says It Is “Not Intimidated” by Trump’s Oil Blockade Threat, Claims Exports Remain Steady

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Venezuela has responded defiantly to fresh pressure from the United States, insisting that its crude oil exports remain unaffected despite President Donald Trump’s announcement of a sweeping blockade targeting oil tankers linked to the country. Trump’s statement, delivered on Tuesday, represents a sharp escalation in his long-running campaign of political, economic, and military pressure against […]

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Ukrainian Drone Attack Hits Russian Black Sea Port, Damages Ship, Homes, and Oil Depot

Ukrainian Drone Attack Hits Russian Black Sea Port, Damages Ship, Homes, and Oil Depot

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Early Friday, the Russian Black Sea port of Novorossiysk, a crucial hub for the country’s oil exports, experienced a significant disruption when a Ukrainian drone attack damaged a docked ship, apartment buildings, and an oil depot. Three crew members aboard the vessel were injured, according to Russian officials. The incident sent global oil prices up […]

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