Oil jumps
Digest more
Venezuela said in response to the announced blockade that it rejected Trump’s “grotesque threat.” Venezuela deployed its navy to escort tankers leaving the country’s main oil port from Tuesday evening to Wednesday morning, following Trump’s announcement, according to the New York Times.
In response to President Donald Trump's partial blockade of all sanctioned oil tankers, Venezuelan President Nicholas Maduro has ordered his navy to escort ships carrying oil.
Russia's foreign ministry said on Thursday that it hoped that U.S. President Donald Trump's administration did not make a fatal mistake over Venezuela and said that Moscow was concerned about U.