The U.S.'s Bold Move: Seizing Venezuela-Linked Oil Tankers
The U.S. seized two oil tankers linked to Venezuela, intensifying its strategy to redirect oil flows in the Americas. This action is part of a broader push to weaken President Nicolas Maduro's government. The White House plans to relax some of the sanctions imposed on Venezuelan oil in 2019.
In a significant geopolitical maneuver, the United States seized two Venezuela-linked oil tankers on Wednesday, ratcheting up tensions in the Atlantic Ocean. One vessel, previously flying the Russian flag, was apprehended as part of the Trump administration's keener push to control oil distribution in the Americas and undermine Venezuela's socialist regime.
The operation unfolded with assistance from Britain's Royal Air Force, accompanied by a military vessel, drawing Russian ire amid the ongoing Ukraine conflict. The U.S. is also laying the groundwork to peel back some 2019 sanctions, a move aimed at reenergizing the Venezuelan energy sector through sanctioned trade avenues.
Political ramifications are expected to ricochet globally, as the U.S. enforces a hard stance on maritime sanctions, with ripples felt among allies uneasy about America's aggressive unilateral actions. Meanwhile, crude oil price dips reflect market anticipation of increased supply following this high-stakes geopolitical drama.
(With inputs from agencies.)
ALSO READ
EXCLUSIVE-The Trump Administration killed a draft proposal to halve alcohol limits, sources say
Trump administration to send more border patrol agents to Minnesota, NYT reports
EXCLUSIVE-Trump administration mulls payments to sway Greenlanders to join US
EXCLUSIVE-The Trump Administration killed a draft proposal to halve alcohol limits, sources say
Taiwan's President responds to China's sanctions, citing clear divide between Taiwan, PRC

