Oil prices slipped on Tuesday as traders weighed geopolitical risks against bearish fundamentals, after the U.S. signaled it might sell the Venezuelan crude it has seized while Ukraine's attacks on Russian vessels and piers heightened fears of supply disruption.

Just bring us the latest on the scale of the blockade and how much it's actually choking off oil. How much pressure is this putting on Maduro's government? Well, this is put

President Donald Trump has ordered a blockade of sanctioned oil tankers entering or leaving Venezuela as he escalates pressure on President Nicolas Maduro.

The US is still in pursuit of a third oil tanker near Venezuela, according to a US official, as President Donald Trump intensifies an oil blockade on Nicolás Maduro’s government.

The President said the United States will keep oil seized from Venezuela, suggesting it could be added to the Strategic Petroleum Reserve. Trump also confirmed that the ‘seized’ ships involved would remain under U.

U.S. ​President Donald Trump said ‌on Monday it would be smart for Venezuelan President ​Nicolas Maduro to leave power, and the United States could keep or sell the ‍oil it had seized ​off the coast of Venezuela in recent weeks.

The seizure comes comes days after President Trump announced a "blockade" of sanctioned oil tankers entering and leaving Venezuela.

The US Coast Guard’s pursuit of a third oil tanker off the coast of Venezuela has intensified a blockade that the Trump administration hopes will cut off a vital economic lifeline and isolate the government of President Nicolás Maduro.