US EditionOil loading in Venezuela slows, more ships make U-turns after new US interceptions
U.S. seizures and a cyberattack on PDVSA have left millions of barrels stuck, with most tankers confined to domestic moves or turning back, disrupting Venezuela’s oil exports.
- On Monday, tanker loading in Venezuela dwindled, with most ships moving oil only between domestic ports.
- U.S. enforcement activity this month has included the U.S. Coast Guard seizing a sanctioned supertanker and trying to intercept two more vessels over the weekend, while PDVSA is slowly restoring systems after a cyberattack last week.
- Ship-Monitoring data indicate multiple loaded tankers remain at anchor, with PDVSA delivering a 1.9 million-barrel cargo to the Aruba-flagged sanctioned vessel Azure Voyager at Jose port.
- Market data show immediate price gains and authorised exports while other cargoes stall, with Brent crude futures rising 2.17% to $61.78 a barrel and U.S. WTI increasing 2.2% to $57.77 on Monday after the U.S. actions.
- Venezuelan officials and allies have protested, with Yvan Gil calling U.S. seizures `acts of piracy` and China’s Foreign Ministry condemning them as serious international law violations amid a U.S. military pressure campaign.
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10 Articles
Dem Rep. Sherman: Going After Tankers May Be Legal, But I Worry We'll Turn Venezuela 'Into a Failed State'
On Monday’s broadcast of “CNN News Central,” Rep. Brad Sherman (D-CA) said that there may be a legal justification to go after some Venezuelan oil tankers, but he is worried “that we’re going to turn Venezuela into another American military The post Dem Rep. Sherman: Going After Tankers May Be Legal, But I Worry We’ll Turn Venezuela ‘Into a Failed State’ appeared first on Breitbart.
COI #861: US Seizes More Ships in The Caribbean
On COI #861, Kyle Anzalone breaks down the latest news from Venezuela, Ukraine, and the Middle East. The Kyle Anzalone Show Odysee Rumble Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash Qp6gznu4xm97cj7j9vqepqxcfuctq2exvvqu7aamz6 Patreon Subscribe Star YouTube Facebook Twitter MeWe Apple Podcast Amazon Music Google Podcasts Spotify iHeart Radio
The cargo of tankers in Venezuela decreased on Monday, and most of the ships moved oil shipments only between national ports after the action of the United States against two more ships and while the state energy PDVSA fights to recover from a cyberattack, according to tracking data and sources.The Guardia [...] The entry Oil cargo in Venezuela slows after new interceptions of the United States was first published in Information Focus.
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