U.S. Tightens Sanctions on Venezuela Oil Trade Amid Evasion and Production Cuts
TL;DR Summary
The U.S. Treasury's OFAC sanctioned four companies and four oil tankers involved in Venezuela's oil sector, aiming to cut off financial resources to Maduro's regime and prevent sanctions evasion through a shadow fleet, as part of ongoing efforts to pressure the Venezuelan government.
- Treasury Targets Oil Traders Engaged in Sanctions Evasion for Maduro Regime U.S. Department of the Treasury (.gov)
- Venezuela Starts Shutting Oil Wells as US Blockade Halts Flows Bloomberg.com
- Residual fuel fills Venezuela's storage tanks as exports cut to minimum, sources say Reuters
- Trump administration ramps up sanctions targeting Venezuela oil trade The Hill
- Treasury targets oil traders, tankers accused of helping Maduro evade U.S. sanctions Fox News
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
3 min
vs 4 min read
Condensed
94%
740 → 43 words
Want the full story? Read the original article
Read on U.S. Department of the Treasury (.gov)