Venezuela oil exports reportedly fall sharply after US seizure of tanker
NegativeWorld Affairs

- The U.S. military has seized the Skipper, an oil tanker carrying 1.1 million barrels of Venezuelan oil, marking the first capture of Venezuelan oil cargo since sanctions were imposed in 2019. This action has reportedly led to a sharp decline in Venezuelan oil exports as new sanctions target shipping companies and vessels associated with Caracas.
- This development is significant as it intensifies the pressure on Nicolás Maduro's regime, which has been struggling with economic challenges and international isolation. The seizure reflects the U.S. government's commitment to curtailing Venezuela's oil revenue, a critical source of funding for the Maduro administration.
- The seizure of the Skipper is part of a broader strategy by the U.S. to exert pressure on Venezuela, which has seen oil exports come to a standstill amid fears of further U.S. military actions. The Venezuelan government has condemned the seizure as an act of piracy, highlighting the escalating tensions between the two nations and the ongoing debate over international law and sovereignty in maritime operations.
— via World Pulse Now AI Editorial System






