US Seizes Venezuela Oil Tanker, Puts 30+ Sanctioned Vessels at Risk

World
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CNBC TV18•11-12-2025, 11:25
US Seizes Venezuela Oil Tanker, Puts 30+ Sanctioned Vessels at Risk
- •US seized a supertanker carrying Venezuelan crude, the first such action since 2019 sanctions.
- •The seizure puts over 30 US-sanctioned vessels operating in Venezuela at risk of penalties.
- •Venezuela condemned the seizure as "blatant theft" and "international piracy."
- •The seized tanker is part of a "shadow fleet" used to transport sanctioned oil from Venezuela, Iran, and Russia to Asian destinations.
- •The US action has prompted many vessel owners to reconsider operations in Venezuelan waters.
Why It Matters: US seizure of a Venezuela oil tanker puts global sanctioned oil trade at risk.
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