Venezuela Accuses US of 'Extortion' over Seizure of Oil Tankers
US Coast Guard seized two Venezuelan oil tankers this month to cut funds for narco-terrorism, amid UN Security Council disputes involving Russia and China.
- U.S. officials said Washington is tightening sanctions targeting tankers moving Venezuelan crude to cut Nicolás Maduro's oil income, which funds the Cartel de los Soles and Tren de Aragua.
- The move tests how far sanctions enforcement at sea can go, drawing in China, Russia and regional mediators while Chile, Panama, and Argentina reiterate non-recognition of Maduro's legitimacy.
- U.S. authorities seized two tankers and pursued a third, with one vessel, Bella 1, resisting boarding, prompting plans for helicopter-supported Coast Guard teams.
- Caracas responded that the interdictions are `piracy` and Venezuela's National Assembly is advancing penalties up to 20 years for alleged support, while Samuel Moncada called the actions extortion.
- If interdictions become routine, shipping law and insurance markets could shift beyond Venezuela, Maduro warned that choking shipments risks harming vulnerable economies, while the U.N. Security Council debates sanctions amid calls from Brazil, Colombia, Chile, and Mexico for dialogue.
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74 Articles
UN human rights experts denounced on Wednesday the United States naval blockade on Venezuela, calling it "illegal armed aggression" which violates the rules of international law.
U.S. Warns It Will Cut Off Maduro’s “Resources” for Drug Trafficking
Key Points Washington is tightening sanctions by targeting the tankers that move Venezuelan crude. Caracas calls it “piracy,” warns of broader spillovers, and is pushing penalties of up to 20 years for alleged support. The deeper story is a test of how far sanctions enforcement at sea can go, with China, Russia and regional mediators […]
Tension has been unleashed between the US and Venezuela in the UN Security Council. There, the usual clashes between Donald Trump and Nicolás Maduro have entered the scene through the words of Mike Waltz, the permanent ambassador of the United States to the United Nations, who has assured that Washington will use "all its power" to crush drug cartels, and has referred directly to the drug addict for "financing the Cartel of the Suns."
The US authorities announced at the United Nations (UN) that they will introduce and enforce sanctions "to the maximum extent" to prevent Venezuelan President Nicolas Maduro from controlling state resources.
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