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U.S. forces seize 7th sanctioned tanker linked to Venezuela in Trump's effort to control its oil

U.S. forces seize 7th sanctioned tanker linked to Venezuela in Trump's effort to control its oil

Summary

U.S. forces took control of a seventh oil tanker linked to Venezuela, as part of the Trump administration's plan to manage the country's oil resources. The tanker, named the Motor Vessel Sagitta, was caught in violation of President Trump's sanctions in the Caribbean. The U.S. aims to use these actions to help rebuild Venezuela's oil industry and boost its economy.

Key Facts

  • U.S. forces took control of a Liberian-flagged oil tanker, Sagitta.
  • The tanker was linked to Venezuela and violated U.S. sanctions.
  • The seizure is part of President Trump's strategy to control Venezuelan oil.
  • The U.S. Southern Command announced the apprehension of the tanker.
  • The tanker had been sanctioned due to an order related to Russia's invasion of Ukraine in 2022.
  • Trump plans to invest $100 billion in Venezuela's oil industry to restore it.
  • The U.S. has taken 50 million barrels of oil from Venezuela to sell globally.
  • This effort is part of broader attempts to lower oil prices and support Venezuela's economy.

Source Information