The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the ...

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Venezuela's oil customers, including Chinese refiners, are demanding deeper discounts and changes to spot contracts from state-run company PDVSA, following the U.S. seizure of a ship carrying the OPEC ...

Annual reinsurance contract for members of the big mutual insurers will see costs for most other ship types fall ...

Using U.S. forces to take control of a merchant ship is unusual and marks the Trump administration's latest push to increase ...

Russia and Venezuela has condemned the United States for it seizure of a Venezuelan oil tanker this week. Follow Newsweek ...

The Trump administration says the tanker was involved in “illicit oil shipping”, but Venezuela accuses the US of “theft” and ...

The seizure was a significant escalation in the U.S. pressure campaign against Venezuelan President Nicolás Maduro and his ...

The threat of another U.S. seizure has disrupted the country’s usually bustling traffic of dark-fleet vessels ferrying the ...

Russia has stepped into the escalating U.S.–Venezuela standoff as Washington intensifies seizures of sanctioned Venezuelan ...

The G7’s proposed plan to bar tankers from hauling Russian oil hinges on whether governments will ratchet up punishments on those skirting sanctions.