Salem Radio Network News Monday, December 22, 2025

Business

Oil price gains after US interception of oil tanker off the coast of Venezuela over weekend

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(Corrects headline and paragraph 1 to make clear the intercepted tanker was off the coast of Venezuela, not a Venezuelan oil tanker)

BEIJING, Dec 22 (Reuters) – Oil prices gained on Monday in early Asian trading hours after the U.S. intercepted an oil tanker off the coast of Venezuela in international waters.

The U.S. is also pursuing another tanker, officials told Reuters on Sunday, in what would be the third such operation in less than two weeks if it succeeds.

U.S. West Texas Intermediate crude was up 34 cents, or 0.6%, at $56.86 per barrel as of GMT 2323.

(Sam Li and Lewis Jackson in Beijing; Editing by Edmund Klamann)

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