US Military Seizes Seventh Venezuelan Oil Tanker in Caribbean Amid Crackdown

• US military forces boarded and took control of the Motor Vessel Sagitta, a Liberian-flagged tanker, in the Caribbean.
• This marks the seventh oil tanker connected with Venezuela seized by the Trump administration as part of efforts to control the country's oil.
• US Southern Command stated the Sagitta was operating in defiance of President Trump's 'established quarantine of sanctioned vessels'.
• The tanker was sanctioned by the US Treasury Department under an executive order related to Russia's invasion of Ukraine in 2022.
• The Trump administration aims to generate cash by seizing tankers to rebuild Venezuela's oil industry and restore its economy, with plans to invest $100 billion.

Why It Matters: US military continues its crackdown on Venezuela, seizing a seventh oil tanker to control its oil industry.