US EditionUS imposes sanctions on 4 Venezuelan oil firms and 4 more tankers in Maduro crackdown
The U.S. blocked assets of four Venezuelan oil firms and four tankers tied to Maduro, part of a campaign to stop oil profits funding drug trafficking, officials said.
- On Wednesday, the U.S. imposed sanctions on four firms in Venezuela's oil sector and designated four oil tankers as blocked property, accusing them of serving Venezuelan President Nicolás Maduro's shadow fleet.
- The move follows the Trump administration's monthslong pressure campaign on Maduro, with President Donald Trump announcing a 'blockade' on sanctioned tankers and demanding return of assets seized years ago.
- The Treasury Department's Office of Foreign Assets Control targeted ships Nord Star, Lunar Tide, Rosalind and Della, designating their registered ownership companies as blocked property.
- The sanctions are meant to deny the firms and tankers access to U.S. property and financial assets, and Treasury Secretary Scott Bessent said 'will not allow the illegitimate Maduro regime to profit from exporting oil while it floods the United States with deadly drugs.'
- Alongside the sanctions, the CIA carried out a drone strike last week at a docking area believed used by drug cartels, raising the death toll to at least 110 since early September.
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Radio-Canada
MARINE & OCÉANSThe U.S. government has announced sanctions against four companies accused by Washington of participating in the shipping of Venezuelan oil.
Associated Press News
US imposes sanctions on 4 Venezuelan oil firms and 4 more tankers in Maduro crackdown
The U.S. has imposed sanctions on four firms in Venezuela's oil sector and designated four additional oil tankers as blocked property.
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