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Today — 12 December 2025Main stream

What Does the Oil Tanker Seizure Mean for Venezuela’s Economy?

12 December 2025 at 04:23
Seizures of more tankers could put a stranglehold on Venezuela’s economy, which is exceptionally dependent on oil to keep the government running and pay for basic necessities.

© Adriana Loureiro Fernandez for The New York Times

An oil tanker docked at Cardon Refinery in Venezuela, in 2021.
Before yesterdayMain stream

Venezuela’s Nobel Peace Prize Winner Raises Stakes in Stand off With Maduro

The decision by María Corina Machado, the Venezuelan opposition leader, to emerge from hiding and leave the country has electrified her movement but carries political risks.

© Odd Andersen/Agence France-Presse — Getty Images

Ana Corina Sosa, the daughter of the Venezuelan opposition leader María Corina Machado, speaking at the Nobel Peace Prize ceremony on Wednesday in Oslo.
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