Oil - Page 2

U.S. Will Cut Tariffs on India to 18% in Trade Deal

The United States and India reached a trade agreement that will immediately lower American tariffs on Indian goods to 18 percent while opening India’s market to U.S. energy and other products, President Donald Trump announced Monday.

WASHINGTON, DC - FEBRUARY 13: U.S. President Donald Trump and Indian Prime Minister Narend

Russian Tanker Seizure Targets Sanctions-Busting ‘Shadow Fleet’

Wednesday’s seizure of a rogue Russian-flagged tanker in the North Atlantic marked a significant escalation of U.S. efforts to shut down the dangerous “shadow fleet” of sanctions-defying invisible ships created by Russia, China, Iran, and other hostile powers – a fleet that poses serious threats to the environment, maritime safety, legitimate global shipping, and the world’s economic security.

17 August 2025, Mecklenburg-Western Pomerania, Sassnitz: The tanker "Eventin" is still off

U.S. to Control Venezuelan Oil Sales Indefinitely

The Trump administration will sell Venezuelan oil “indefinitely” and control the proceeds, Energy Secretary Chris Wright announced Wednesday, as part of the administration’s broader strategy to manage Venezuela’s oil exports and rebuild its energy sector.

Maracaibo, Venezuela. 12-04-2025. An oil tanker is seen anchored in Lake Maracaibo after l