{"id":115422,"date":"2025-12-31T15:21:28","date_gmt":"2025-12-31T20:21:28","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/treasury-targets-oil-traders-tankers-accused-of-helping-maduro-evade-u-s-sanctions-115422"},"modified":"2025-12-31T15:21:28","modified_gmt":"2025-12-31T20:21:28","slug":"treasury-targets-oil-traders-tankers-accused-of-helping-maduro-evade-u-s-sanctions","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/treasury-targets-oil-traders-tankers-accused-of-helping-maduro-evade-u-s-sanctions-115422","title":{"rendered":"Treasury targets oil traders, tankers accused of helping Maduro evade U.S. sanctions"},"content":{"rendered":"
\n

The U.S. Department of the Treasury on Wednesday sanctioned four companies<\/a> operating in Venezuela\u2019s oil sector and identified four oil tankers as blocked property, saying the move targets oil traders involved in alleged sanctions-evasion that helps finance Nicol\u00e1s Maduro\u2019s regime.<\/p>\n

Treasury said the vessels, some described as part of a “shadow fleet” serving Venezuela, “continue to provide financial resources that fuel Maduro\u2019s illegitimate narco-terrorist regime<\/a>” in Tuesday’s press release.<\/p>\n

“President 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,” Treasury Secretary Scott Bessent<\/a> said. “The Treasury Department will continue to implement President Trump\u2019s campaign of pressure on Maduro\u2019s regime,” he added.<\/p>\n

Treasury said the sanctions block property and interests in property of the designated entities within U.S. jurisdiction and generally prohibits Americans from transactions involving them.<\/p>\n

VENEZUELA ACCUSES US OF ‘PIRACY’ AFTER SEIZING MASSIVE OIL TANKER<\/strong><\/a><\/p>\n

The action follows U.S. measures against Venezuela\u2019s state-run oil company<\/a> Petroleos de Venezuela, S.A. (PDVSA).<\/p>\n

OFAC designated PDVSA in January 2019 under Executive Order 13850<\/a>, and President Trump later took additional steps to block PDVSA in August 2019 under Executive Order 13884, Treasury said.<\/p>\n

Treasury said Wednesday\u2019s move also complements actions announced Dec. 11<\/a> and Dec. 19 targeting PDVSA-linked officials, associates and vessels.<\/p>\n

SECOND TANKER SEIZED NEAR VENEZUELA AS US ENFORCES OIL BLOCKADE<\/strong><\/a><\/p>\n

OFAC designated Corniola Limited and Krape Myrtle Co LTD and identified the tanker NORD STAR as blocked property. OFAC also designated Winky International Limited and identified ROSALIND, also known as LUNAR TIDE, as blocked property. OFAC designated Aries Global Investment LTD and identified the tankers DELLA and VALIANT as blocked property, Treasury said.<\/p>\n

Treasury said blocked property within U.S. jurisdiction must be reported to OFAC, and warned that violations of U.S. sanctions<\/a> may result in civil or criminal penalties.<\/p>\n

Treasury said the goal of sanctions is to bring about a positive change in behavior, noting there is a formal process for seeking removal from an OFAC list consistent with U.S. law.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/treasury-targets-oil-traders-tankers-accused-helping-maduro-evade-u-s-sanctions <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. Department of the Treasury on Wednesday sanctioned four companies operating in Venezuela\u2019s oil sector and identified four oil tankers as blocked property, saying […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-115422","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nTreasury targets oil traders, tankers accused of helping Maduro evade U.S. sanctions - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/treasury-targets-oil-traders-tankers-accused-of-helping-maduro-evade-u-s-sanctions-115422\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Treasury targets oil traders, tankers accused of helping Maduro evade U.S. sanctions - 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