US Seizes Venezuelan Oil Tanker; Global Shadow Fleet Faces Pressure
Economy
C
CNBC Awaaz12-12-2025, 09:01

US Seizes Venezuelan Oil Tanker; Global Shadow Fleet Faces Pressure

  • The US seized a Venezuelan oil supertanker, escalating tensions and drawing accusations of "international piracy" from Venezuela.
  • This action targets Venezuela's oil trade, potentially affecting over 30 ships already under US sanctions and causing delays in oil exports.
  • The seized tanker was part of a "shadow fleet" – vessels used by sanctioned countries like Venezuela, Russia, and Iran to secretly transport oil, often hiding their location.
  • The US is increasing pressure on Venezuelan President Nicolás Maduro, which could deter shipping agencies from operating near Venezuela.
  • Despite US sanctions, Venezuela's oil exports increased in November, reaching over 900,000 barrels per day.

Why It Matters: US seizure of Venezuelan oil disrupts global trade and shadow fleet operations.

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