The State Department declared Saturday that the U.S. is “rejecting the outdated model of multilateralism,” saying the system turned American taxpayers into “the world’s underwriter for a sprawling architecture of global governance.”  Additionally, it said President Donald Trump’s recent order withdrawing the U.S. from 66 international organizations showed that “the era of writing blank checks to international bureaucracies is over.” The move marks the latest in Trump’s broader...

Four tankers that left Venezuela in early January with their transponders off, also known as “dark mode,” have reportedly returned to the country’s waters. The news comes after several U.S. tanker seizures and amid the Trump administration’s push to acquire Venezuelan oil after the arrest of dictator Nicolás Maduro. Most of the four tankers were loaded, according to Reuters, which noted that Petróleos de Venezuela (PDVSA), a state-owned...

President Donald Trump has signed an executive order blocking U.S. courts from seizing Venezuelan oil revenues held in American Treasury accounts. The order, “Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People,” states that any attempt through the courts to seize the funds would pose an “unusual and extraordinary threat” to U.S. national security and foreign policy. It also states that the funds remain...