Business

Exclusive: U.S. turns screws on maritime industry to cut off Venezuela's oil

LONDON/WASHINGTON (Reuters) – Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the Latin American country. U.S. sanctions have driven Venezuela’s oil exports to their lowest levels in nearly 80 years, […]

World News

Exclusive: U.S. warns governments, firms against aiding Iran fuel shipments to Venezuela – envoy

WASHINGTON (Reuters) – Seeking to deter further shipments of Iranian fuel to Venezuela, the Trump administration has quietly warned foreign governments, seaports, shipping companies and insurers that they could face stiff U.S. sanctions if they aid the tanker flotilla, the U.S. envoy on Venezuela told Reuters on Friday. Elliott Abrams, Washington’s special representative on Venezuela, […]

World News

Rouhani says Iran to retaliate over any U.S. 'trouble' for Venezuela-bound tankers

DUBAI (Reuters) – Iranian President Hassan Rouhani warned on Saturday of retaliatory measures against the United States if Washington caused problems for tankers carrying Iranian fuel to Venezuela, the semi-official news agency Mehr reported. “If our tankers in the Caribbean or anywhere in the world face trouble caused by the Americans, they (the U.S.) will […]

World News

Trump denies role in Venezuela incursion

President Donald Trump has rebuffed suggestions the US was behind what appears to have been a bungled incursion into Venezuela to overthrow President Nicolás Maduro. “If I wanted to go into Venezuela I wouldn’t make a secret about it,” he told Fox News. Venezuela foiled what it said was a US-backed invasion attempt last weekend. […]