Oil rebounds from lowest levels since 2021 after Trump orders Venezuela oil tanker blockade

U.S. crude futures rose more than 1% Wednesday as Trump ordered "a total and complete" block of all sanctioned oil tankers entering and leaving Venezuela.Crude oil prices bounced back from near four-year lows Wednesday, after President Donald Trump said the U.S. will block sanctioned tankers from entering and leaving Venezuela.U.S. crude oil rose $1.03, or 1.86%, to $56.30 per barrel by 7:52 a.m. ET. Global benchmark Brent was trading at $59.96, up $1.04 or 1.77%. The U.S. benchmark had fallen to the lowest ...