Trump Close To 'Massive' Deal For Seizing Stake In Venezuela's Vast Oil Fields

Houthis Attack Saudi Oil Tanker In Red Sea, As Bab el-Mandeb Transit Is Up Slightly Yemen's Houthis on Monday targeted the Saudi oil tanker Amzan in the Red Sea off Yanbu with a ballistic missile and drones, the Iran-aligned militant group announced. Soon after initial reports emerged, Saudi Arabia confirmed the attack, with Saudi shipping company Bahri stating that its Amzan vessel was involved in a hostile incident in regional waters. Yahya Saree, the military spokesman for the Houthi rebels in Yemen, described that the attacks were carried out using ballistic missiles...

Iran Oil Exports Plunge To Four Year Low As Blockade Tightens, While Inflation Soars To World War 2 Levels If it was indeed Trump's intention to starve Iran's economy of oil export revenue, the plan may just be working: Iran's oil exports fell to their lowest level in at least six years in May as the US naval blockade has succeeded in choking off crude shipments and leave tens of millions of barrels stranded at sea. According to shipping data from Vortexa, Iran exported just 209,000 barrels per day of crude...