US Seizes Venezuelan Tanker, Stops Oil Exports
Update: 2025-12-13
Description
U.S. seizes Venezuelan tanker, halts oil exports; Chevron exempt - The U.S. seizes a Venezuelan tanker, causing a sharp drop in oil exports. Venezuelan President Nicolas Maduro condemns the act as piracy. The U.S. imposes new sanctions on six supertankers and shipping companies, along with three of Maduros nephews. Tanker movements in and out of Venezuela have almost stopped due to fears of more seizures. However, Chevron, with special government permission, continues to export Venezuelan oil shipments.
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