US sanctions four firms and four tankers in Venezuela's oil trade

The US Treasury sanctioned four companies operating in Venezuela's oil sector and identified four tankers as blocked property, saying some belong to a shadow fleet serving Venezuela. Treasury says the Maduro government increasingly relies on such vessels to evade sanctions and raise revenue. Secretary Scott Bessent said the US would not let Maduro profit from oil exports. The tankers named are Nord Star, Lunar Tide, Della and Valiant.

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