U.S. Sanctions and Blockades Disrupt Venezuelan Oil Exports Amid Economic Crisis
TL;DR Summary
The US has at least 12 sanctioned Venezuelan oil tankers at sea, with President Trump promising a complete blockade of such vessels, though oil prices have not significantly risen. The US is targeting Venezuelan oil exports, mainly affecting China and Cuba, while authorized vessels like Chevron's continue to operate. The situation involves complex maritime activities, including vessel spoofing and cargo transfers.
- Trump vowed to block tankers carrying Venezuela's oil — nearly a dozen are at sea right now CNBC
- U.S. Tanker Seizure Has Paralyzed Venezuelan Oil Shipping—Except Chevron’s The Wall Street Journal
- Trump orders 'blockade' of sanctioned oil tankers leaving, entering Venezuela Reuters
- Tankers Under Sanction Are Only a Subset of Fleet Moving Venezuelan Oil The New York Times
- Venezuela Inflation Soars Above 500% as Trump Steps Up Maduro Pressure Bloomberg.com
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