Trump Admin Sanctions Companies Transporting Venezuelan Oil

The Trump administration has hit companies that transport Venezuelan oil with sanctions.

According to The Hill:

The Trump administration announced sanctions Tuesday on four shipping companies accused of transporting oil from Venezuela, in violation of U.S. sanctions against the country’s government.

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Secretary of State Mike Pompeo said in a statement the four companies – three registered in the Marshall Islands and one in Greece – “are transporting oil that was effectively stolen from the Venezuelan people.”

Venezuelan President Nicolás Maduro has sought to skirt U.S. sanctions by trading with Iran, another country that’s subject to certain U.S. sanctions, touting what he calls “South to South cooperation.”

The sanctions were first published by the Treasury’s Office of Foreign Assets Control, which added both the companies and the ships themselves to its Specially Designated Nationals and Blocked Persons List (SDN).

The sanctions will allow the administration to block the companies from using international banking and purchasing insurance for their vessels.

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Audre Zembrzuski
Audre Zembrzuski
4 months ago

Hi Everyone, I live in Michigan and I want to thank all of you for building this wall. I believe
it is going in the right direction and hope one of these years our country will be back as it was
some years ago. It will be because of all that you do to make it a great wall. Thank you
and God Bless all of you and mostly God Bless American.

Thomas
4 months ago

good hopefully something good will come of this the people of Venezuela deserve better that this socialist dictator. as usual the military is coddled so that they will keep Maduro in power as the people eat dirt.

Plcox
4 months ago

We are all in this together. What affects one affects all of us. United we stand.

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