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Reading: Oil costs rise as Trump orders blockade of sanctioned tankers out and in of Venezuela
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Oil costs rise as Trump orders blockade of sanctioned tankers out and in of Venezuela
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Oil costs rise as Trump orders blockade of sanctioned tankers out and in of Venezuela

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Last updated: December 17, 2025 11:06 am
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Published: December 17, 2025
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Crude benchmarks have been rising on Wednesday after US President Donald Trump mentioned the US would put a cease to any visitors of sanctioned oil tankers out and in of Venezuela. The nation’s oil income is a lifeline for the Maduro authorities, which now primarily sells its barrels to China. Additionally on this version: Warner Bros. Discovery is reportedly telling its shareholders to reject a takeover bid from Paramount Skydance. Plus: FIFA provides $60 tickets for the 2026 World Cup amid criticism over excessive costs.[/gpt3]

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