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Oil prices/Crude oil

US allows China to purchase Venezuelan oil but not at ‘undercut’ prices of Maduro days, official says

An oil pump jack is seen in an oil field near Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia
An oil pump jack is seen in an oil field near Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia

France’s navy intercepts sanctioned Russian tanker in Mediterranean

Helicopters approach a tanker in the  Mediterranean Sea, in a photo released by French defence forces.
Helicopters approach a tanker in the  Mediterranean Sea, in a photo released by French defence forces.

Oil tanker rates jump as US push into Venezuela shifts crude flows

FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is docked at Freeport Marine Terminal II on January 14, 2026 in Freeport, Texas. The vessel chartered by Chevron transported oil from Venezuela to the United States.   Joel Angel Juarez/Getty Images/AFP (Photo by Joel Angel Juarez / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is docked at Freeport Marine Terminal II on January 14, 2026 in Freeport, Texas. The vessel chartered by Chevron transported oil from Venezuela to the United States.   Joel Angel Juarez/Getty Images/AFP (Photo by Joel Angel Juarez / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Dark fleet seeking Russian protection as US seizes oil tankers

View of an oil refining plant of state-owned Petroleos de Venezuela (PDVSA) in Venezuela, in 2021.
View of an oil refining plant of state-owned Petroleos de Venezuela (PDVSA) in Venezuela, in 2021.

Clock ticks in Cuba as Trump cuts off Venezuelan oil

A view shows part of Havana as U.S.-Cuba tensions rise after U.S. President Donald Trump vowed to stop Venezuelan oil and money from reaching Cuba and suggested the communist-run island to strike a deal with Washington, in Havana, Cuba, January 11, 2026. REUTERS/Norlys Perez
A view shows part of Havana as U.S.-Cuba tensions rise after U.S. President Donald Trump vowed to stop Venezuelan oil and money from reaching Cuba and suggested the communist-run island to strike a deal with Washington, in Havana, Cuba, January 11, 2026. REUTERS/Norlys Perez

What’s at stake for oil prices if Iran crisis escalates

Iran now accounts for about 3 per cent of global crude supply, but a bigger concern is if tensions spill over into the wider oil-rich region.
Iran now accounts for about 3 per cent of global crude supply, but a bigger concern is if tensions spill over into the wider oil-rich region.

Oil rises for third day as Iranian protests raise spectre of disruption

Oil extended gains as escalating protests in Iran threatened supply from OPEC’s fourth-biggest producer.
Oil extended gains as escalating protests in Iran threatened supply from OPEC’s fourth-biggest producer.

Trump moves to block courts from seizing Venezuelan oil revenue in US accounts

US President Donald Trump speaking during a meeting with US oil company executives at the White House in Washington, on Jan 9.
US President Donald Trump speaking during a meeting with US oil company executives at the White House in Washington, on Jan 9.

Four tankers that left Venezuela in ‘dark mode’ are back in its waters

The US Coast Guard boarding and seizing the tanker Olina in international waters east of the Caribbean Sea on Jan 9.
The US Coast Guard boarding and seizing the tanker Olina in international waters east of the Caribbean Sea on Jan 9.

India’s Reliance in talks for US permit to buy Venezuelan oil, sources say

Venezuelan oil supplies could help replace some Russian supplies to India, which is under pressure from US President Donald Trump to stop importing Russian oil.
Venezuelan oil supplies could help replace some Russian supplies to India, which is under pressure from US President Donald Trump to stop importing Russian oil.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.