OPEC+ is debating whether to raise oil output in April as planned or freeze it as its members struggle to read the global supply picture because of fresh U.S. sanctions on Venezuela, Iran and Russia,

Increased US sanctions on oil tankers are limiting Iran's ability to ship crude, forcing it to compete with Russia and Venezuela for a shrinking pool of unsanctioned vessels.

Western sanctions on some oil producers, like Iran, Russia and Venezuela, have caused a growing number of oil tankers to “go dark.” That is, to shut off the tracking system that could alert authorities of their movements.

Venezuela’s economic conditions have repeatedly undercut the ability of its military to maintain the planes in its fleet.

The move — announced by Trump in a Truth Social post last week — will be a major blow to Venezuela. Chevron produces about a fifth of Venezuela’s crude annually, according to analysts at the Rystad Energy research firm, and losing the ability to export to the U.S. will be a blow to the country’s already floundering economy.

The State Department on Thursday renewed its emphasis on Americans who are wrongfully detained and held hostage overseas.

He is in a very difficult position because his long-held beliefs are not the ones he has been tasked to defend now.”

The Trump administration needs to prioritize both our laws and the forces driving uncontrolled migration to our borders | Opinion

Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela intensifies, according to analytics firm Kpler.

Oil prices jumped Thursday as traders assessed the impact of potential tariffs on Canadian oil imports after President Trump said levies against Canada and Mexico would go into effect next week, adding to supply worries following the announced cancelation of Chevron's license to operate in Venezuela.

Grenell convinced Venezuela’s strong man, Nicolas Maduro, to release six American hostages. He also persuaded Maduro to embrace the return of illegal Venezuelan migrants from the U.S. The first return flights started last week, and Grenell was there to see the migrants off.

Venezuela's exports of crude and fuel rose in February to their highest since November, vessel monitoring data showed, as the U.S. prepared to terminate a key license that allows oil major Chevron to operate and ship crude from the country.