Trump administration seizes oil tanker off Venezuela coast, US officials say
The U.S. Coast Guard led the seizure of the largest sanctioned oil tanker ever near Venezuela as part of efforts to enforce sanctions and target drug trafficking networks.
- 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.
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What does international law tell us about the US seizure of an oil tanker off the coast of Venezuela?
“We’ve just seized a tanker on the coast of Venezuela – a large tanker, very large, the largest one ever seized actually,” said Donald Trump on December 10. In a dramatic operation, US forces had just taken over an oil tanker called Skipper, which was sanctioned by the US in 2022 while sailing under a different name. “I assume we’re going to keep the oil,” the US president added later. Venezuela has been under US-imposed sanctions since 2019, wh…
Good Morning, News: Multnomah County Preschool for All Could Double, Oregon Sets New Record for Whooping Cough, and US Troops Seize Venezuelan Oil Tanker
420 whatchu smokin? by Suzette Smith If you appreciate the Mercury's interesting and useful news & culture reporting, consider making a small monthly contribution to support our editorial team. Your donation is tax-deductible. You can also subscribe and have our papers delivered! Good Morning, Portland: I write to you from Lake Smith, in my apartment building's basement, which I have claimed and which smells terrible. The good news! The skies ar…
Washington reports the seizure of an oil tanker in front of Venezuela. The operation exacerbates the tensions with Maduro.
The United States has seized an oil tanker off the coast of Venezuela, according to President Donald Trump. Now Venezuela is accusing him of theft.
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