Oil tanker seizure ratchets up pressure on Maduro
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A U.S. move this week to seize an oil tanker out of Venezuela is poised to make a bad situation worse for a crisis-stricken Cuba already struggling to source enough oil to power its ailing economy and electrical grid.
US forces intercepted and seized an oil tanker off the coast of Venezuela that Attorney General Pam Bondi said is under US sanctions “due to its involvement in an illicit oil shipping network supporting foreign terrorist organizations.
U.S. military seizes Venezuelan oil tanker in rare operation targeting sanctions violations. Armed agents rappelled from helicopters in dramatic takedown.
Oil buyers in Asia are demanding deep discounts on Venezuelan crude due to a flood of sanctioned oil from Russia and Iran on offer and to heightened risk of loading in the South American country as the U.