More and more oil tankers are turning away from Venezuela as the US threatens to seize vessels carrying oil to finance the regime of Nicolas Maduro. At least seven ships have changed course, and four more have turned away after US forces boarded the vessel Skipper.
Venezuelan leader Nicolas Maduro has stated his readiness for dialogue with the United States on combating drug trafficking and oil. This comes amid increased American pressure on his government, including attacks on vessels and port infrastructure.
Brent and WTI crude futures rose by 35 and 34 cents respectively on the first trading day of 2026. This followed the largest annual decline since 2020, caused by drone attacks on Russian oil facilities and US sanctions against Venezuela.
The Russian Federation officially appealed to the US State Department with a demand to stop pursuing the oil tanker Bella 1, which the American authorities consider a stateless vessel. The tanker, en route from Iran to Venezuela, is currently trying to evade the US Coast Guard in the Atlantic Ocean.
Donald and Melania Trump hosted a New Year's Eve party at Mar-a-Lago, where the president held a charity auction. A painting of Jesus was sold for $2.75 million.
A federal judge in California has invalidated the Trump administration's decision to terminate Temporary Protected Status (TPS) for 60,000 immigrants from Honduras, Nepal, and Nicaragua. This ruling will allow TPS holders from these countries to legally work in the US and avoid deportation.
The Trump administration sanctioned four companies from Hong Kong and mainland China, as well as associated oil tankers, accusing them of evading sanctions against Venezuela. These measures are aimed at cutting off financial flows supporting the regime of Nicolas Maduro.
Trump reposted a NY Post article claiming that Russia is the only obstacle to ending the war. The material states that Putin systematically opposes Trump's policies, and his statements are a manipulation to disrupt peace initiatives.
The US Coast Guard has suspended its pursuit of the tanker Bella 1, suspected of violating sanctions against Venezuela. The ship's crew painted a Russian flag on board, complicating the seizure operation.
Oil prices were little changed on Wednesday but are expected to fall by more than 15% over 2025. This is due to fears of oversupply, despite wars, tariffs, and sanctions.
Venezuela has begun shutting down wells in the Orinoco region, home to the world's largest oil fields, due to the blockade by the administration of US President Donald Trump. PDVSA aims to cut production in Orinoco by at least 25% to 500,000 barrels per day.
The CIA launched a drone strike on a port facility on Venezuela's coast, marking the first known US attack on a target inside the country. The strike targeted a remote dock that the US government believed was being used by a Venezuelan gang to store and move drugs.
President Donald Trump said the United States struck a "large target" in Venezuela as part of a campaign against alleged drug trafficking operations.
World oil prices for Brent and WTI fell by more than 2% due to expectations of a significant supply surplus in 2026 and US diplomatic activity. Traders are selling off contracts ahead of the Zelenskyy-Trump meeting, where a peace plan will be discussed.
Maduro authorized the release of 99 participants in the 2024 anti-government protests. This came after Donald Trump intensified the naval blockade and called for the country's leader to resign.
Since December 26, the US Department of Homeland Security has introduced new immigration control protocols. Now, mandatory photography of all non-US citizens, including Green Card holders, at every point of entry and exit.
Silver hit $75 for the first time on Friday, with gold and platinum also setting record highs. This occurred amid speculative bets, expectations of US interest rate cuts, and rising geopolitical tensions.
Oil prices rose on Friday after the US increased economic pressure on Venezuelan oil supplies and launched airstrikes against militants in Nigeria. Brent futures rose to $62.30 and WTI to $58.41 amid low market activity due to the Christmas holidays and expectations of an annual price decline.
The US naval blockade of Venezuela is disrupting oil exports, primarily bound for China. American forces are harassing tankers, forcing them to change course as part of an operation to pressure the Venezuelan government.
Russia criticized US actions in the Caribbean, calling the pressure on Venezuela a return to banditry. Foreign Ministry spokeswoman Maria Zakharova stated that Moscow supports Nicolas Maduro.
The US cannot intercept the oil tanker Bella 1, linked to the Nicolas Maduro regime, due to limited resources of the Maritime Security Response Team. The vessel's crew refused to voluntarily allow US law enforcement officers on board.
Brent and WTI crude futures rose by 0. 2% and 0.3% respectively, reaching $62.53 and $58.56 per barrel. This increase is driven by strong US economic growth and geopolitical risks, despite an expected annual price drop.
Venezuela's National Assembly has approved a law criminalizing activities that disrupt shipping and trade, including the seizure of oil tankers. The document provides for fines and imprisonment of up to 20 years for supporting or participating in such actions.
The United States has deployed a significant number of special purpose aircraft, troops, and equipment to the Caribbean. This provides Washington with additional capabilities for potential military action in Venezuela.
Russia "strongly condemns" the US seizure of tankers off the coast of Venezuela and the imposed naval blockade. Russian Permanent Representative to the UN Vasily Nebenzya called the US actions an act of aggression that could become a template for future forceful actions against Latin American states.
Venezuelan company PDVSA is using tankers as temporary oil storage due to critical overfilling of onshore tanks. This is caused by increased US sanctions and the detention of tankers, which has led to an export blockade.
The price of spot gold rose to $4,476. 15 per ounce, and US gold futures climbed to $4,509.80. Spot silver rose to $69.44 per ounce, renewing its record at $69.98.
Oil prices held steady after rising as the US considers selling confiscated Venezuelan oil, and attacks on Russian vessels and terminals heighten fears of supply disruptions. Brent futures fell to $62.01, and WTI to $57.92.
Panama's Foreign Minister said that a tanker intercepted by the US off Venezuela did not comply with the country's maritime rules and had its transponder switched off. Panama will take appropriate action against the vessel, which sailed under its flag.
Homeland Security Secretary Kristi Noem stated that the US campaign, including strikes on drug-trafficking vessels and interception of oil tankers, aims to deter illicit activities and demand the departure of Nicolás Maduro from power. Since early September, approximately 100 people have died as a result of the strikes.
