US Seizes Olina Tanker in Caribbean, Fifth Vessel in Venezuela Blockade

World
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Moneycontrol•10-01-2026, 09:08
US Seizes Olina Tanker in Caribbean, Fifth Vessel in Venezuela Blockade
- •The US seized the Olina tanker in the Caribbean, marking the fifth vessel targeted in recent weeks.
- •The seizure is part of Washington's intensified efforts to curb Venezuelan oil exports.
- •The Olina, previously named Minerva M, was sanctioned by the US in January last year for being part of a 'shadow fleet'.
- •Marines and sailors from Joint Task Force Southern Spear apprehended the Olina 'without incident' from the USS Gerald R. Ford.
- •Seven additional 'dark fleet' oil vessels turned around to avoid interdiction, indicating the effectiveness of the US blockade.
Why It Matters: The US continues its aggressive blockade of Venezuelan oil, seizing tankers and disrupting exports.
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