Trump, who is seeking to force out authoritarian President Nicolas Maduro, has also announced plans for 25 percent tariffs on imports from any country buying Venezuelan oil and gas.

The U.S. Treasury has revoked licenses allowing French oil firm Maurel & Prom and Italian firm Eni to operate in Venezuela and receive oil from PDVSA as payment, further tightening sanctions on Venezuela's oil industry.

The U.S. announcement that Washington will impose a 25% tariff on any country that purchases Venezuelan oil or gas has quickly made commercial dealings with Venezuela’s oil industry a highly toxic proposition,

Donald Trump announced a 25 percent tariff on countries buying Venezuelan oil—a move that 'ironically' could help Moscow.

Global Oil Terminals, owned by billionaire Trump ally Harry Sargeant, is among a raft of oil companies ordered to end operations in the country as part of the Trump administration’s campaign to isolate Caracas.

The United States will impose a 25% tariff on imports from any country that purchases oil products from Venezuela, President Donald Trump announced Monday, saying that move seeks to penalize Caracas’ socialist regime for deliberately sending tens of thousands of criminals to the U.

President Donald Trump said countries that purchase oil and gas from Venezuela will face a 25% tariff on the trade those nations have with the U.S. Trump said the tariff will take effect April 2. The president accused Venezuela of sending gang members to the U.S.

President Donald Trump on Monday announced the United States will impose a 25% tariff on the imports of any country involved in Venezuela's oil industry.

President Trump, during a Wednesday meeting at the White House with Chevron CEO Mike Wirth and other oil industry executives, expressed openness to reversing the administration’s recent decision to order the company to wind down its Venezuela operation ...