Oil prices have risen following a US interception of a crude tanker, as reported by ThisDayLive.
Reports indicate that oil prices gained momentum after the United States intercepted a crude tanker. This development was highlighted in a ThisDayLive article titled 'Oil Prices Gain on US Interception of Crude Tanker.' The event underscores ongoing tensions in global oil supply chains. No further details on the interception or specific price movements were provided in the available sources.
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The United States intercepted and seized a second oil tanker off Venezuela's coast on Saturday (20), days after President Donald Trump's total blockade announcement. The action, confirmed by US authorities, comes amid escalating tensions and marks the second in weeks. Nicolás Maduro's regime denounced it as robbery and vowed international measures.
The United States seized another oil tanker off Venezuela's coast on Saturday, January 3, 2026, according to U.S. media reports. This marks at least the third such interception since December 2025, amid Washington's ongoing blockade of ships carrying oil linked to Nicolás Maduro's regime. Venezuelan authorities denounced the action as 'theft' and piracy.
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Fuel prices are moving in opposite directions today amid recent geopolitical developments that have rattled global oil markets. Diesel will increase by P0.20 per liter and kerosene by P0.10, while gasoline will decrease by P0.10, according to major oil companies.
Financial markets shrug off the US military intervention in Venezuela and the capture of Nicolás Maduro, as the Ibex 35 surpasses 17,600 points. European and US stock indices rise moderately, while oil prices climb 1%. Investors choose caution amid geopolitical risks.
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Nigeria’s economic outlook gains support from rising global oil prices and stronger foreign exchange inflows, which are boosting the naira.
The Colombian peso closed higher on Wednesday, driven by oil price volatility following President Donald Trump's announcement of a blockade on sanctioned tankers to Venezuela. Crude prices rose over 2%, with Brent at US$60.33 per barrel. President Gustavo Petro warned that a drop to US$55 per barrel would make oil production in Colombia unprofitable.
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The U.S. Coast Guard has seized the Panamanian-flagged oil tanker Centuries, owned by a Chinese company and not on the sanctions list, in international waters off Venezuela on December 20—marking the second such interception in under two weeks amid President Trump's newly announced total blockade on sanctioned vessels.