President Donald Trump has revoked the licenses that allowed several transnational oil and gas companies to operate in ...

President Donald Trump has authorized a 25% tariff on goods from countries purchasing oil and gas from Venezuela, which ...

Spain significantly increased its crude oil imports from Venezuela by 59% in January and February 2025 compared to the ...

Crude oil prices jumped following US President Donald Trump’s announcement that he would impose 25% tariffs on Venezuela’s ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

President Donald Trump on Monday issued an order allowing a 25 percent tariff to be imposed on any nation purchasing oil and ...

Venezuela boasts some of the largest crude oil reserves in the world, and it also has the largest natural gas deposits in South America. Its economy is largely reliant on energy exports.

What's next for the struggling Caribbean country, which has the world's largest-known oil reserves but has become ... already marred by fraud allegations. Venezuela's state-owned PDVSA oil giant ...

President Donald Trump on Monday threatened a 25 percent tariff on any nation purchasing oil and gas from Venezuela.

President Donald Trump threatens a 25% tariff on any nation purchasing oil and gas from Venezuela, ratcheting up his dispute ...