Oil Sanctions Archives - The Daily Journal

U.S. considers easing sanctions on “shadow fleet” to lower shipping costs

October 16, 2026October 16, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- The U.S. government is considering easing sanctions on vessels belonging to the so-called “ghost fleet” or “shadow fleet,” which have transported oil and petroleum products from Russia, Iran, and Venezuela, in an effort to reduce global shipping rates. President Donald Trump’s administration aims to reduce distribution disruptions caused by record-high maritime freight […]

Venezuelan oil exports to U.S. surge 228%, reaching highest volume since 2018

September 25, 2026September 25, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Venezuelan oil exports to the United States averaged 451,000 barrels per day through the week ending September 18, marking a 228% increase compared with the same period in 2025. According to preliminary data from the U.S. Energy Information Administration (EIA), Venezuela exported an estimated 117 million barrels of crude oil to the […]