US Seizure and Sanctions on Venezuela-linked Oil Tankers

planned

The US has drawn up a hit list of several Venezuela-linked oil tankers for possible seizure following the detention of a carrier carrying Venezuelan oil. The aim is to increase pressure on Venezuelan President Nicolas Maduro. Further direct interventions and seizures are expected in the coming weeks, targeting tankers trading with Venezuela and possibly other blacklisted nations like Iran. The US Treasury has imposed sanctions on six very large crude carriers recently loaded in Venezuela. The operation has caused some cargo owners to halt tankers carrying Venezuelan crude temporarily.