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    Home > Headlines > Russia sends submarine to escort tanker the US tried to seize off Venezuela, WSJ reports
    Headlines

    Russia sends submarine to escort tanker the US tried to seize off Venezuela, WSJ reports

    Published by Global Banking & Finance Review®

    Posted on January 7, 2026

    1 min read

    Last updated: January 20, 2026

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    Tags:insurancefinancial crisisinternational financial institutionforeign currencyeconomic growth

    Quick Summary

    Russia has sent a submarine to escort the oil tanker Bella 1 near Venezuela, following US seizure attempts, according to a Wall Street Journal report.

    Russia Deploys Submarine to Escort Tanker Near Venezuela

    Jan 6 (Reuters) - Russia has deployed a submarine and other naval vessels to escort an aging oil tanker, Bella 1, the Wall Street Journal reported on Tuesday , citing a U.S. official.

    Reuters could not immediately verify the report.

    (Reporting by Bipasha Dey in Bengaluru; Editing by Tom Hogue)

    Key Takeaways

    • •Russia deployed a submarine to escort the oil tanker Bella 1.
    • •The tanker is near Venezuela, following US seizure attempts.
    • •The Wall Street Journal reported the deployment.
    • •The report cites a U.S. official as the source.
    • •Reuters could not immediately verify the report.

    Frequently Asked Questions about Russia sends submarine to escort tanker the US tried to seize off Venezuela, WSJ reports

    1What is a submarine?

    A submarine is a watercraft capable of independent operation underwater. In military contexts, submarines are often used for stealth operations, including escorting vessels.

    2What is a tanker?

    A tanker is a ship designed to transport liquids, such as oil or chemicals, in bulk. They are crucial for the global shipping industry.

    3What is foreign currency?

    Foreign currency refers to money that is issued by a country other than one's own. It is often used in international trade and finance.

    4What is economic growth?

    Economic growth is the increase in the production of goods and services in an economy over a period of time, typically measured by GDP.

    5What is an international financial institution?

    An international financial institution is an organization that provides financial support and advice for economic development projects in countries around the world.

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