U.S. sanctions 4 firms, oil tankers with ties to Venezuela

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Washington — The USA imposed sanctions on 4 firms and related oil tankers that it says have ties to Venezuela, within the newest escalation towards the South American nation.  

The Treasury Division mentioned in an announcement Wednesday that the most recent wave of sanctions targets oil merchants and vessels it says are serving to prop up President Nicolás Maduro’s regime. 

“President Trump has been clear: We is not going to permit the illegitimate Maduro regime to revenue from exporting oil whereas it floods america with lethal medicine,” Treasury Secretary Scott Bessent mentioned in an announcement. “The Treasury Division will proceed to implement President Trump’s marketing campaign of stress on Maduro’s regime.”

State Division principal deputy spokesperson Tommy Pigott mentioned Wednesday that the U.S. sanctioned the entities “for illegally working in Venezuela’s oil sector.”

“The Trump Administration can also be blocking 4 related oil tankers, a part of a shadow fleet that funds Nicolás Maduro’s illegitimate, corrupt regime and permits Maduro and his cronies to evade sanctions,” Pigott mentioned in an announcement.

Earlier this month, Mr. Trump referred to as for a “whole and full blockade” on all sanctioned oil tankers that enter or depart Venezuela, and the U.S. has seized two sanctioned vessels because the navy will increase its presence within the area. 

The Trump administration’s stress marketing campaign on Venezuela has included dozens of lethal strikes on alleged drug smuggling boats within the area. Mr. Trump, who has repeatedly threatened land strikes towards Venezuela, mentioned the U.S. “knocked out” a “massive facility” final week linked to the alleged drug smuggling operations, however his administration has supplied few particulars on the matter. 

“There was a serious explosion within the dock space the place they load the boats up with medicine,” Mr. Trump instructed reporters Monday in Florida. 

The Trump administration has accused Maduro of drug trafficking and dealing with gangs designated by the U.S. as terrorist organizations — which Maduro denies.

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