Sanctioned Tanker Hyperion Challenges Trump's Venezuela Blockade

Business
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Moneycontrol•19-12-2025, 22:35
Sanctioned Tanker Hyperion Challenges Trump's Venezuela Blockade
- •US-sanctioned tanker Hyperion arrived in Venezuela, testing President Trump's naval blockade.
- •The Barbados-flagged vessel was sanctioned in January for moving Russian oil as a 'ghost vessel'.
- •Trump announced a total blockade of sanctioned oil tankers to deprive Nicolás Maduro of revenue.
- •Hyperion entered Venezuelan waters Thursday night; its next move after discharge is uncertain.
- •Meanwhile, Chevron Corp's unsanctioned oil exports from Venezuela continue unhindered.
Why It Matters: Hyperion's arrival in Venezuela directly challenges Trump's new oil blockade strategy.
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