Summary
The U.S. Department of the Treasury has announced new sanctions targeting tankers transporting Venezuelan oil. This is part of President Donald Trump's campaign to put pressure on Venezuelan leader Nicolas Maduro. The U.S. aims to stop Venezuela's oil exports and reduce Maduro's financial resources.
Key Facts
- The U.S. imposed sanctions on four companies and their oil tankers involved in moving Venezuelan oil.
- President Trump claims Venezuelan leader Nicolas Maduro runs a 'narco-terrorist' regime.
- The U.S. Treasury asserts Venezuela uses global ships to evade sanctions and gain revenue.
- Venezuela relies heavily on oil exports; the U.S. is trying to cut off these exports.
- Treasury Secretary Scott Bessent says the U.S. won't let Maduro profit from oil while accusing him of contributing to drug problems in the U.S.
- The Trump administration has taken actions against Venezuela based on various reasons, including immigration and contested elections.
- The U.S. military has been involved in actions against oil tankers, seizing some as part of the campaign.
