{"id":666282,"date":"2026-01-01T06:29:11","date_gmt":"2026-01-01T06:29:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/666282\/"},"modified":"2026-01-01T06:29:11","modified_gmt":"2026-01-01T06:29:11","slug":"us-sanctions-four-traders-it-says-are-shipping-venezuelan-oil","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/666282\/","title":{"rendered":"US sanctions four traders it says are shipping Venezuelan oil"},"content":{"rendered":"<p>Unlock the White House Watch newsletter for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\">Your guide to what Trump\u2019s second term means for Washington, business and the world<\/p>\n<p>The US has imposed sanctions on four oil traders operating in Venezuela, as Donald Trump ratchets up pressure on Venezuela\u2019s strongman leader Nicol\u00e1s Maduro.<\/p>\n<p>The US Treasury department\u2019s Office of Foreign Assets Control on Wednesday said it was sanctioning the companies for their involvement in Venezuela\u2019s oil sector, a crucial lifeblood for the government in Caracas. <\/p>\n<p>Treasury secretary Scott Bessent said: \u201cPresident Trump has been clear: we will not allow the illegitimate Maduro regime to profit from exporting oil while it floods the United States with deadly drugs.\u201d<\/p>\n<p>Bessent said the department would continue to implement <a href=\"https:\/\/www.ft.com\/content\/234a7494-daf4-43df-902e-444237a308dc\" title=\"\" data-trackable=\"link\" target=\"_blank\" rel=\"noopener\">Trump\u2019s \u201ccampaign of pressure\u201d<\/a> on Maduro, who Washington has said is the head of a drug-trafficking organisation that exports narcotics to the US.<\/p>\n<p>The Treasury said four oil tankers \u2014 Nord Star, Rosalind, Della and Valiant \u2014 had been blocked and that it was sanctioning the ships\u2019 owners and operators: Aries Global Investment, Corniola, Krape Myrtle and Winky International. <\/p>\n<p>The US state department said: \u201cThe Trump administration is committed to disrupting the network that props up Maduro and his illegitimate regime.\u201d<\/p>\n<p>The Venezuelan government did not immediately respond to a request for comment.<\/p>\n<p>Wednesday\u2019s announcement marked the White House\u2019s latest economic salvo at the Maduro regime. The <a href=\"https:\/\/www.ft.com\/content\/fe6ff11a-52e7-4fb4-bd85-925b7d961c1b\" title=\"\" data-trackable=\"link\" target=\"_blank\" rel=\"noopener\">US Coast Guard<\/a> has also seized or attempted to board at least three sanctioned oil tankers in the Caribbean in recent weeks. <\/p>\n<p>Venezuela\u2019s oil exports had risen in recent months. The country, home to the world\u2019s largest oil deposit, ships crude to China and Cuba.<\/p>\n<p>Washington has in recent weeks unveiled sanctions intended to squeeze Maduro\u2019s regime, and Trump earlier this month declared a \u201ctotal blockade\u201d on US-sanctioned oil tankers heading to and from <a href=\"https:\/\/www.ft.com\/venezuela\" title=\"\" data-trackable=\"link\" target=\"_blank\" rel=\"noopener\">Venezuela<\/a>. <\/p>\n<p>The US president has not ruled out a military ground operation in Venezuela as part of his campaign to disable the country\u2019s alleged drugs-exporting operations and push Maduro to step down. <\/p>\n<p>The efforts to choke off Venezuela\u2019s oil sector come as the US has built up a major naval presence in the Caribbean and launched a campaign of lethal strikes on boats allegedly carrying drugs from South America to the US. <\/p>\n<p>The US Southern Command, which oversees American military activity in Latin America and the Caribbean, on Wednesday said it had conducted \u201ckinetic strikes\u201d against three \u201cnarco-trafficking vessels\u201d on Tuesday. It said they were in international waters. <\/p>\n<p>US defence secretary Pete Hegseth had authorised the strikes, Southcom said. Three \u201cnarco-terrorists\u201d were killed, it said, and a search and rescue operation was activated for others who abandoned the vessels. Southcom later said it had struck another two boats on Wednesday, killing five more people.<\/p>\n<p>Maduro, who Washington has designated as the head of a \u201cforeign terrorist\u201d drug cartel, has described the US naval build-up in the Caribbean as a pretext for his ousting.<\/p>\n<p class=\"n-content-recommended__title o3-type-body-highlight\">Recommended<\/p>\n<p><a href=\"https:\/\/www.ft.com\/content\/234a7494-daf4-43df-902e-444237a308dc\" data-trackable=\"image-link\" data-trackable-context-story-link=\"image-link\" tabindex=\"-1\" aria-hidden=\"true\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"o-teaser__image\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fimages.ft.com%2Fv3%2Fimage%2Fraw%2Fhttps%253A%252F%252Fd1e00ek4ebabms.cloudfront.net%252Fproduction%252F1cb101d0-8f13-43e7-9475-78f7f797192f.jpg%3Fsource%3Dnext-article%26fit%3Dscale-down%26quality%3Dhighest%26width%3D700%26dpr%3D1?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240\" alt=\"Montage featuring Venezuela\u2019s President Nicol\u00e1s Maduro, military aircraft and a satellite image of a ship\"\/><\/a><\/p>\n<p>Trump on Monday said the US had carried out an attack on a <a href=\"https:\/\/www.ft.com\/content\/c68fe25d-2462-4ed9-8159-1f3bbdc07a54\" title=\"\" data-trackable=\"link\" target=\"_blank\" rel=\"noopener\">\u201cdock area\u201d<\/a> in Venezuela, but did not say whether the US military or the CIA had carried out the strike. <\/p>\n<p>\u201cThere was a major explosion in the dock area where they load the boats up with drugs,\u201d Trump said from his Mar-a-Lago resort on Monday. \u201cWe hit all the boats and now we hit\u2009.\u2009.\u2009.\u2009the implementation area. That is where they implement, and that is no longer around.\u201d<\/p>\n<p>Maduro on Tuesday said Trump was lying about the cause of the explosion.<\/p>\n<p>\u201cIn the United States, they spread fake news and wage war against a noble country like Venezuela,\u201d he said. \u201cEverything they say is a lie.\u201d<\/p>\n<p>Additional reporting by Joe Daniels in Rio de Janeiro<\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the White House Watch newsletter for free Your guide to what Trump\u2019s second term means for Washington,&hellip;\n","protected":false},"author":2,"featured_media":666283,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[12,26],"class_list":{"0":"post-666282","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world","8":"tag-news","9":"tag-world"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115818434658069535","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/666282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=666282"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/666282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/666283"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=666282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=666282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=666282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}