US seizes second oil tanker near Venezuela
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Trump orders total blockade of Venezuelan oil tankers as the South American nation controls world's largest oil reserves with over 300 billion barrels.
Strikes on four vessels signal that Kyiv is willing to expand the maritime theater of the conflict in an effort to crimp Moscow’s military funding.
There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending gasoline under $3 a gallon at the pump in the US.