Venezuela plans to contract the construction of two more oil tankers by an Iranian shipyard which has already built and delivered two Aframax vessels to the South American country, a report says.

Iranian Foreign Minister has wrapped up his week-long visit to Latin American countries.

Iran’s Foreign Minister Amir-Abdollahian has paid a visit to Venezuela, during which Venezuelan President Nicolas Maduro has pledged closer ties between the two countries.

Venezuelan Oil Minister Tareck El Aissami has hailed Iran's experiences in the field of energy and technology, saying his country is willing to benefit from them and forge closer cooperation with Tehran.

Iran and Venezuela stress the importance of enhancing mutual cooperation in all fields and quicker implementation of joint projects in the face of foreign pressures against the two countries.

Chevron's first cargo of Venezuelan oil departs for US more than a month after US issued special license.

Venezuela's President Nicolas Maduro slams the US parallel institution policy in his country, calling Washington's attempt to assault and replace the public institutions of his country a “failure.”