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The Latest Breaking News from Oil

A U.S. oil blockade on Venezuela could ‘devastate’ its economy and further pressure Maduro. But how far is Trump willing to take it?

Questions abound about whether the White House will add new sanctions to oil tankers trekking to Venezuela and how broad the oil blockade will become.

Fortune

Federal judge blocks Whitmer from shutting down submerged Great Lakes pipeline

A federal judge has blocked Michigan Gov. Gretchen Whitmer from revoking an easement that allows Enbridge to run an oil pipeline through a Great Lakes channel

The Independent UK

Trump Admin Sanctions Yet Another Cartel And Its Leader, Now For Oil Theft

The Trump administration on Wednesday imposed sanctions on the "Cartel de Santa Rosa de Lima" (CSRL) after determining that the criminal organization was stealing fuel and crude oil from Mexico's state-owned oil company Pemex.

Latin Times

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The oil blockade threat creates anxiety in Venezuela but people stick to their daily lives

U.S. President Donald Trump has announced a blockade on sanctioned oil tankers entering and leaving Venezuela

The Independent UK

Soybeans Bouncing Off Midweek Lows

Soybeans are trading with contracts down 1 to 2 1/2 cents on Wednesday, with futures bouncing off the early session lows. The cmdtyView national average Cash Bean price is 2 ¾ cents lower at $9.89 1/4. Soymeal futures are $3.30 lower, with Soy Oil futures steady at midday. USDA reported...

Barchart

Stephen Miller Echoes Trump on Venezuela, Calls Country's Oil Nationalization 'Largest Recorded Theft of American Wealth'

Stephen Miller, president Trump's White House Deputy Chief of Staff, endorsed the president's claims that Venezuela's oil nationalization constituted a massive theft from the United States.

Latin Times

Stocks rise as inflation dips and oil price rebounds

The headline Consumer Prices Index rose 3.2% year-on-year in November, slowing from 3.6% in October.

Evening Standard

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RWA Tokenization Will Reinvigorate DeFi In 2026

RWA tokenization is injecting fresh liquidity into DeFi, transforming idle capital and bridging traditional assets with onchain finance in 2026.

International Business Times

Wartales Curse of Rigel DLC Guide – Best Tips, POIs & More

The Curse of Rigel DLC is the latest Wartales expansion, which added a new county, Weald exploration, transformation-based units, and various long-form

Pro Game Guides

7 Grocery Store Finds That Make Impressive Last-Minute Christmas Gifts

The grocery store is rarely the first place that comes to mind when you think of holiday gift shopping. However, amidst the frozen peas and paper towels, everyday supermarkets hide distinct pockets of luxury. For the food lover in your life, a thoughtfully curated bundle of high-quality ingredients is often…

Grocery Coupon Guide

Rising Global Geopolitical Tensions Lift Crude Prices

January WTI crude oil (CLF26 ) today is up +0.76 (+1.38%), and January RBOB gasoline (RBF26 ) is up +0.0166 (+0.99%). Crude oil and gasoline prices are rising today amid heightened geopolitical risks in Venezuela and Russia. President Trump ordered a blockade of sanctioned tankers off Venezuela, and the US...

Barchart

Sheinbaum urges UN to ‘prevent bloodshed’ after Trump orders Venezuela blockade

Mexican leader warns of conflict as US president targets sanctioned oil tankers entering and leaving Venezuela

The Guardian - US

Reeves’s rejection of North Sea job cuts claim a ‘new low’, say Flynn

The Chancellor said she does not believe 1,000 jobs are being lost every month in the oil and gas sector.

Evening Standard

What action is Trump taking against Venezuela’s oil industry?

The US president wants a blockade of oil tankers under sanctions to stop them entering and leaving Venezuela

The Guardian - UK

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The Independent UK

How Venezuela sends oil around the world despite sanctions — and why Trump wants to put a stop to it

The U.S. seized a Venezuelan oil tanker last week in a move described by Nicolas Maduro’s government as an ‘act of international piracy’

Latin Times

Ruben Gallego Slams Trump Admin Over Campaign Against Venezuela: 'This is the Iraq War 2.0 With a South American Flavor'

Democratic Sen. Ruben Gallego slammed the Trump administration over its military pressure campaign against the Venezuelan regime, saying "there are a couple of people" in it "who want a war and are doing everything they can to get us into a war."

Barchart

Cotton Bouncing on Wednesday Morning

Cotton price action is up 39 to 48 points so far on Wednesday Futures fell on Tuesday, down 72 to 84 points across the front months at the close. Pressure came from the synthetic market, with crude oil futures are $1.65 lower per barrel at $55.17. The US dollar index...

TechRadar

Venezuelan oil giant PVDSA hit by cyberattack amid US conflict

The Venezuelan Oil Ministry has been hit by a cyberattack, which it believes was carried out by the US.

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Latin Times

John Fetterman Defends Trump's Blockade On Venezuelan Tankers: 'Funds That Support Regimes Like Iran'

Democratic Sen. John Fetterman defended President Donald Trump's naval blockade of sanctioned oil tankers off Venezuela's coast, saying the asset "will support Iran" and its proceeds will be used to fund "terrorism."

The Guardian - UK

First Thing: Trump orders blockade of oil tankers under sanctions from entering and leaving Venezuela

Move comes amid escalating campaign against Maduro as Venezuelan government condemns ‘grotesque threat’. Plus, how to plan a polyamorous wedding

Latin Times

Rep. Joaquin Castro Calls Trump's Blockade On Venezuela's Tankers 'An Act Of War,' Says 'American People' Don't Want It

Democratic Rep. Joaquin Castro said President Donald Trump's announcement of a naval blockade of Venezuela's sanctioned oil tankers is "unquestionably an act of war" and defended his initiative to end hostilities with the South American country.

The Guardian - US

US military says it carried out lethal strike on vessel in Pacific, killing four, as Trump addresses country – as it happened

Pete Hegseth says no US military harmed as US Southern Command says it hit three vessels in international waters

Barchart

Texas Pacific Land Stock: Is TPL Underperforming the Energy Sector?

Texas Pacific Land has underperformed the Energy sector over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Latin Times

Maduro Calls Trump's Oil Tanker Crackdown 'Interventionist and Colonialist', Says 'Venezuela Will Never Again Be a Colony'

Maduro also said that Washington's "true intention" has always been to appropriate Venezuela's natural resources through "gigantic campaigns of lies and manipulation"

Barchart

S&P Futures Gain as Investors Weigh U.S. Jobs Data, Fed Speak and Micron Earnings in Focus

December S&P 500 E-Mini futures (ESZ25) are trending up +0.27% this morning as investors continue to digest the latest U.S. jobs data, while also awaiting remarks from Federal Reserve officials and an earnings report from semiconductor giant Micron.

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