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U.S. sanctions 3 of Maduro’s nephews as pressure campaign on Venezuela ramps up

U.S. sanctions 3 of Maduro’s nephews as pressure campaign on Venezuela ramps up

Summary

The U.S. government has placed sanctions on three nephews of Venezuelan President Nicolás Maduro as part of efforts to increase pressure on Venezuela. These sanctions, announced by President Donald Trump, aim to block access to U.S. property or financial assets and prevent U.S. entities from doing business with these individuals. The sanctions also target a Panamanian businessman and several companies and ships related to Venezuelan oil transport.

Key Facts

  • The United States imposed sanctions on three nephews of Venezuelan President Nicolás Maduro.
  • The nephews are Franqui Flores, Carlos Flores, and Efrain Campo.
  • The sanctions also include a Panamanian businessman, six companies, and six Venezuela-flagged ships.
  • The U.S. wants to block these individuals and entities from accessing property or financial assets in the U.S.
  • President Donald Trump announced these measures after the U.S. seized an oil tanker near Venezuela.
  • The sanctions are part of efforts to stop drug trafficking activities associated with the Venezuelan regime.
  • Carlos Flores was previously sanctioned in 2017 but was removed from the list in 2022 under a different U.S. administration.
  • Past dealings between the U.S. and Venezuela included a prisoner exchange involving Maduro's relatives.
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