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unknown foreign oil tankers

The United States has had intermittent but considerable involvement in the Venezuelan petroleum industry, beginning in the 1920s near the discovery of oil in the country and continuing beyond the nationalization of oil in the 1970s. Originally one of the largest suppliers of oil to the United States, import of Venezuelan crude oil has dropped significantly due to compounding sanctions from the United States government, starting in 2014 and all but ceasing oil trade by 2025. These sanctions have negatively affected Venezuelan oil production.

1
events / 90d
75
avg impact · HIGH
5 days ago
last event

30-Day Activity

Event Timeline

1 events · 90 days
Mar 11HIGHAttack on Oil Tankers in Iraqi Watersal-Faw