Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions,

The Trump administration threatened on Monday to impose 25% tariffs to countries that buy oil or gas from Venezuela

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,

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.

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.

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

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.

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.