Search For "oil"
US continues to dictate terms in Venezuela; interim govt agrees to release
Updated : 2 months, 2 weeks ago IST
White House Press Secretary Karoline Leavitt on Wednesday stated that Washington is currently working closely with interim authorities in Venezuela, who have agreed to release millions of barrels of sanctioned crude to the US, underscoring Washington's leverage over the South American nation
Read More
"More options you have, more you are protected from vagaries of any one co
Updated : 2 months, 2 weeks ago IST
Tharoor's remarks came against the backdrop of statements by US President Trump, who said he shared a "very good relationship" with Prime Minister Modi but expressed displeasure over India paying high tariffs and purchasing oil from Russia. Trump claimed that tariffs totalling 50 per cent
Read More
US to "selectively" roll back sanctions to sell Venezuelan crude, announce
Updated : 2 months, 2 weeks ago IST
he United States on Wednesday announced a major energy initiative with Venezuela following its military operations last week, rolling back select sanctions to market Venezuelan crude oil globally while stabilising the South American nation's energy sector.
Read More
Russia demands "humane, dignified" treatment of nationals aboard seized ta
Updated : 2 months, 2 weeks ago IST
According to a statement cited by TASS, the Russian Foreign Ministry said it is closely monitoring reports that the US military has boarded the tanker Mariner, originally Bella 1, on the high seas, noting that Russian citizens are among the crew.
Read More
"No state has right to use force against vessels duly registered...": Russ
Updated : 2 months, 2 weeks ago IST
In a statement issued on Telegram, Russia's Ministry of Transport said that the tanker Marinera, originally named Bella 1, had received a temporary permit to sail under the Russian Federation flag on December 24, 2025, in accordance with Russian and international law.
Read More
After weeks-long pursuit US seizes Russian-flagged tanker in North Atlanti
Updated : 2 months, 2 weeks ago IST
The United States on Wednesday stated that it has seized the Russian-flagged oil tanker, M/V Bella 1, in the North Atlantic Sea after weeks of pursuit by the US Coast Guard warship after it evaded a US blockade of sanctioned oil tankers near Venezuela for over a fortnight.
Read More
US move on Venezuela's oil increases pressure on Brazil, Petrobras
Updated : 2 months, 2 weeks ago IST
Indications that the United States could push for a revival of oil production in Venezuela, in line with plans outlined by President Donald Trump, are expected to alter the regional energy equation and pose fresh challenges for Brazil and its state-run oil major Petrobras.
Read More
Delhi HC orders status quo on Centre's refusal to extend Vedanta's PSC, st
Updated : 2 months, 2 weeks ago IST
The direction was passed by Justice Amit Sharma while hearing Vedanta's writ petition challenging the Ministry of Petroleum and Natural Gas' order dated September 19, 2025.
Read More
Abduction of Maduro, gross violation of international law: Former Indian p
Updated : 2 months, 2 weeks ago IST
Speaking to ANI he said, "The kidnapping or abduction of the head of state of Venezuela was a gross violation of international law. It was a military action that was unjustified. Now, what President Trump is doing is equally illegal. The interim government is being forced to sell oil to him.
Read More
Amid political shift, Venezuelan oil revival could keep global prices lowe
Updated : 2 months, 2 weeks ago IST
In its Oil Markets Weekly, JPMorgan said a regime change in Venezuela would represent one of the largest upside risks to global oil supply in 2026 and beyond, an outcome that oil markets are not currently pricing in.
Read More
Tanker hanker: Russia sends submarine to escort tanker being pursued by US
Updated : 2 months, 2 weeks ago IST
As per the WSJ report, Bella 1 has been trying to evade the US blockade of sanctioned oil tankers near Venezuela for over a fortnight.
Read More
Trump highlights India-US defence cooperation, cites Apache helicopter del
Updated : 2 months, 2 weeks ago IST
"India ordered Apache helicopters and didn't get them for 5 years. PM Modi came to me and said 'Sir can I please see you?' and I said yes," Trump said, while recalling his interaction with PM Modi.
Read More