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U.S. puts 6 oil tankers on Venezuela sanctions list

Christian Fernsby ▼ | December 4, 2019
The U.S. targeted six oil tankers in new Venezuela-related sanctions, escalating pressure on the government of President Nicolas Maduro.
Venezuela tanker
American politics   Venezuela tanker
The Treasury Department added five Venezuela-flagged and one Panama-flagged vessels linked to Venezuela's state-owned oil company, PDVSA, to its sanctions list.

Topics: U.S. oil tanker Venezuela sanctions

"Today’s action further targets the former Maduro regime’s corruption in the oil sector and the mechanisms used to transport oil to the Cuban regime in return for security and intelligence assistance," said the department in a statement.

Treasury Deputy Secretary Justin Muzinich accused Cuba and Venezuela of circumventing sanctions by changing the vessels' names and facilitating the flow of oil from Caracas to Havana.

"The United States will continue to take necessary action to protect the people of Venezuela," said Muzinich.