{"id":40944,"date":"2025-12-17T03:01:26","date_gmt":"2025-12-17T03:01:26","guid":{"rendered":"https:\/\/agooka.com\/news\/world\/oil-prices-rose-after-trumps-blockade-of-venezuelan-tankers-reuters\/"},"modified":"2025-12-17T03:01:26","modified_gmt":"2025-12-17T03:01:26","slug":"oil-prices-rose-after-trumps-blockade-of-venezuelan-tankers-reuters","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/world\/oil-prices-rose-after-trumps-blockade-of-venezuelan-tankers-reuters\/","title":{"rendered":"Oil prices rose after Trump&apos;s blockade of Venezuelan tankers &#8211; Reuters"},"content":{"rendered":"<p>Oil quotes rose after US President Donald Trump announced a blockade for all sanctioned tankers entering and leaving Venezuela. Brent quotes rose by 0.9% to $59.46 per barrel, and American WTI rose by 1% to $55.82.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/unn.ua\/_next\/image?url=https%3A%2F%2Fimg.unn.ua%2Fimg%2F2025%2F12%2F17%2F1765939244-2473-large.webp&amp;w=720&amp;q=75\" alt=\"Oil prices rose after Trump&#039;s blockade of Venezuelan tankers - Reuters\"\/><\/p>\n<p>On Wednesday, December 17, oil prices rose after US President Donald Trump announced the introduction of a &quot;full and comprehensive&quot; blockade for all sanctioned tankers entering and leaving Venezuela. This was reported by Reuters, according to UNN.<\/p>\n<h2>Details<\/h2>\n<p>It is noted that Brent quotes rose by 0.9% &#8211; to $59.46 per barrel, and American WTI rose by 1% &#8211; to $55.82. The market reacted to the increased geopolitical tension and fears of a possible reduction in supply volumes.<\/p>\n<p>Earlier, oil prices remained near five-year lows amid progress in peace talks between Russia and Ukraine, which could lead to a softening of sanctions against Moscow and an increase in market supply. However, Trump&#039;s announcement changed investor sentiment.<\/p>\n<p>Russia increases oil exports, but cargoes accumulate at sea, putting pressure on prices &#8211; Bloomberg09.12.25, 15:29 \u2022 3169 views<\/p>\n<p>According to traders&#039; estimates, the blockade could potentially remove 0.4-0.5 million barrels per day from the market, which could further push prices up by $1-2 per barrel. At the same time, experts warn that real losses may be smaller due to the reorientation of supplies and the replacement of Venezuelan oil with other grades.<\/p>\n<p>How the blockade will be implemented is still unclear. Reuters reports that the US may involve the Coast Guard, as it already did during the recent detention of a sanctioned tanker off the coast of Venezuela. In addition, Washington has recently increased its military presence in the region.<\/p>\n<p>German court refused to confiscate the oil tanker Eventin from Russia&#039;s &quot;shadow fleet&quot;12.12.25, 00:33 \u2022 4211 views<\/p>\n<p>The US steps are part of a broader campaign of pressure on the government of Venezuelan President Nicolas Maduro, whom Trump, among others, accuses of facilitating drug trafficking to the United States.<\/p>\n<p>According to the news agency, after the tanker&#039;s confiscation, Venezuelan oil exports have already significantly decreased.<\/p>\n<h2>Recall<\/h2>\n<p>On December 16, US President Donald Trump ordered a complete blockade of all sanctioned oil tankers entering or leaving Venezuelan territorial waters. He accused Venezuela of stealing American assets and declared its government a &quot;foreign terrorist organization.&quot;<\/p>\n<p>Russian oil prices fall to lowest level since start of war with Ukraine &#8211; Bloomberg16.12.25, 13:45 \u2022 3154 views<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil quotes rose after US President Donald Trump announced a blockade for all sanctioned tankers entering and leaving Venezuela. Brent quotes rose by 0.9% to $59.46 per barrel, and American WTI rose by 1% to $55.82. On Wednesday, December 17, oil prices rose after US President Donald Trump announced the introduction of a &quot;full and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40945,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-40944","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/40944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=40944"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/40944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/40945"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=40944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=40944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=40944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}