U.S. launches operation to seize Russian-flagged oil tanker linked to Venezuela The sanctioned ship, which changed its name from the Bella 1 to the Marinera, was secured in the operation Wednesday, according to one U.S. official. It was initially pursued by the Coast Guard off

BREAKING: US Energy Secretary says Washington will take over the sale of Venezuelan crude, with funds deposited in a US-controlled account to benefit the Venezuelan people. (The details are very unclear, but it seems to signal Trump would allow large imports of Ven crude)

Ignore the oil tankers seizures -- that's a distraction. The below is truly the news of the day on Venezuelan oil. Read what US Energy Secretary Chris Wright just said at the Goldman Sachs energy conference (my quick transcript of the key question, with my own highlights).

good point Chris, you saw what Chris Wright said about selling VZ oil using U.S. diluent? Seems like big news!

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It's been a tough 9 months for U.S. producers: 1) Liberation Day impact to WTI 2) OPEC+ cut unwind announcement 3) News of intent to bring VZ bbls to the U.S. market WTI at $58 for '26, shy of the sweet spot Billy Bob talks about.

Gonna watch a drama production tonight with a sad ending, I’m afraid. Yet…it’ll be on the TV. GoPackGo. Side note, favored -1.5 (-119)?

And Doubs TOTALLY REDEEMS HIMSELF. GoPackGo