2 weeks ago - The 50 million barrels are only the first tranche and shipments will continue indefinitely, the sources said. U.S. sanctions against Venezuela will be selectively rolled back to enable the transportation and sale of the oil on global markets, the sources said.

2 weeks ago - Donald Trump says that, as US president, he will control the money raised from 30 to 50 million barrels of oil that Venezuela's interim authorities have agreed to hand over to the US. In a new post on Truth Social, Trump says the "high quality, sanctioned oil" will be sold at market value and the money will be "controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States".

October 24, 2025 - We encourage our allies to join us in and adhere to these sanctions.” · Today’s action targets Russia’s two largest oil companies, Open Joint Stock Company Rosneft Oil Company (Rosneft) and Public Joint-Stock Company Oil Company Lukoil (Lukoil), which are now designated.

1 week ago - The crude oil tanker had been sanctioned by the United States, according to the Treasury Department, which listed it under a different name and Panama flag but used the same unique ship identifying number as the Olina.

1 month ago - U.S. sanctions appear significantly more effective than EU measures in reducing tanker productivity and trade flows. A 58,000-ton oil tanker called the Mikati was ploughing through the waters of the Indian Ocean one day when it got some bad news from faraway Brussels: it had been added to a list of sanctioned vessels in Russia’s shadow fleet.

2 weeks ago - U.S. President Donald Trump's administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers transporting petroleum and announcing plans to relax some sanctions so the U.S. can oversee the ...

4 days ago - Maduro replied that the "outgoing government of the United States doesn't know how to take revenge on us". Héctor Obregón Pérez, the new head of PDVSA was sanctioned. The Biden administration continued authorizing Chevron and other oil companies to operate in Venezuela.

2 weeks ago - WASHINGTON (AP) — The U.S. has seized two sanctioned oil tankers linked to Venezuela in back-to-back actions in the North Atlantic and the Caribbean, officials said Wednesday.

2 weeks ago - The term “shadow fleet” is defined by Lloyd’s List as ships for which deceptive practices are used in order to allow them to transport goods – including oil and gas – in violation of sanctions and price caps.

2 weeks ago - The ships that have left without authorization were contracted by the oil traders Alex Saab and Ramón Carretero, according to internal data for the state-owned oil company, and to the two oil-industry sources. Both of the traders are under U.S. sanctions for being business partners of Mr.

October 30, 2025 - This dashboard focuses on US sanctions and restrictive measures placed on crude oil from Russia, Iran, and Venezuela—including the unintended consequences and the lessons learned.

3 weeks ago - WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned four companies for operating in Venezuela’s oil sector and identified four associated oil tankers as blocked property. These vessels, some of which are part of the shadow fleet serving Venezuela, continue to provide financial resources that fuel Maduro’s illegitimate narco-terrorist regime.

2 weeks ago - Duration 5:31Venezuela's government says the U.S. seizure of an oil tanker off the coast of Venezuela 'constitutes a blatant theft and an act of international piracy.' U.S. Attorney General Pam Bondi says the FBI, the Department of Homeland Security and the U.S. Coast Guard carried out a seizure warrant for the tanker, alleging it was transporting sanctioned oil from Venezuela and Iran.

Answer (1 of 5): The tanker, itself, is not sanctioned. Sanctions are applied to entities - and they may be the importing or exporting country, the oil company(ies) involved in the trade, the shipping line, or individuals who own the shipping line. U.S. sanctions apply to any transactions that in...

November 11, 2025 - As part of the sanctions which have been imposed on the Russian Federation as a result of the 2022 Russian invasion of Ukraine, on 2 September 2022, finance ministers of the G7 group of nations agreed to cap the price of Russian oil and petroleum products in an effort which was intended to ...