US EditionTrump administration seizes oil tanker off Venezuela coast, US officials say
- Reuters reported Tuesday that U.S. officials said the administration seized an oil tanker off Venezuela's coast, with President Donald Trump confirming the action Wednesday.
- Amid a massive military build-up including the USS Gerald R. Ford aircraft carrier, the Trump administration intensified pressure on President Nicolas Maduro in recent weeks.
- Anonymous U.S. officials said the interdiction was led by the U.S. Coast Guard with U.S. Navy support under law enforcement authority, but officials did not name the tanker or disclose the location.
- Markets reacted as oil futures rose 56 cents to $58.93 per barrel after the seizure, and Matt Smith said `Shippers will likely be much more cautious and hesitant about loading Venezuelan crude going forward`.
- The move could constrain Venezuela's oil exports, complicating its main revenue as the country exported more than 900,000 barrels per day last month and sells most output at a steep discount to refiners in China.
96 Articles
96 Articles
The US has brought a tanker under its control off the coast of Venezuela, as confirmed by US President Trump. For weeks, the US has been increasing pressure on Venezuela and transferring naval forces to the region.
The U.S. military has seized and confiscated on Wednesday a large oil tanker off the coast of Venezuela. The news, advanced by Bloomberg and confirmed by the...
The situation is getting worse: the US seized an oil tanker off Venezuela's coast. US President Donald Trump confirmed this on Wednesday. He didn't reveal any details about the operation. "As you probably know, we just confiscated a tanker off Venezuela's coast," the US President said in the White House. "It's the biggest one ever seized." The US government has been exerting pressure on Venezuela for months, including through attacks on suspecte…
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