The docks of the Venezuelan state oil company PDVSA subsidiary VOPAK Venezuela are seen on the Waikiki beach, in Puerto Cabello, Venezuela. From April 2, the US will levy a 25 per cent tariff on all goods from any country that imports Venezuelan oil. Reuters
The docks of the Venezuelan state oil company PDVSA subsidiary VOPAK Venezuela are seen on the Waikiki beach, in Puerto Cabello, Venezuela. From April 2, the US will levy a 25 per cent tariff on all Show more

Business

Energy

Oil posts third straight weekly gain amid US tariffs and curbs on Iran supply

US to levy 25 per cent tariff on all goods from any country that imports Venezuelan oil starting next week

John Benny

March 28, 2025