US Slaps New Sanctions on Six Venezuelan Oil Tankers

The Manuela Saenz oil tanker was one of the Venezuelan ships hit be new US Treasury sanctions.

HAVANA TIMES – The US Treasury Department on Tuesday announced sanctions on six oil tankers owned by Venezuelan state oil company PDVSA in a bid to step up pressure on President Nicolas Maduro’s government.

Cuba and Venezuela “continue trying to circumvent sanctions by changing the names of vessels and facilitating the movement of oil from Venezuela to Cuba,” said Treasury Deputy Secretary Justin Muzinich.

“While the Venezuelan people continue to take to the streets to demand basic services and a return to freedom and prosperity, Maduro chooses to ship a vital natural resource to Cuba in exchange for Cuban security and intelligence services,” Secretary of State Mike Pompeo said.

US citizens are now prohibited from engaging in transactions involving the six vessels, currently going by the names: Ícaro, Luisa Cáceres de Arismendi, Manuela Sáenz, Paramaconi, Terepaima, Yare.

Washington had already adopted a series of sanctions to press for the resignation of Maduro, a temporary handover of power to opposition leader Juan Guaido and fresh elections. Maduro won a second term in a controversial election last year and has presided over a massive economic crisis.

More than a dozen Latin American countries and the US were meanwhile meeting in Bogota to consider new measures against Venezuela.

“The deterioration of Venezuela’s socio-political situation is a threat to the maintenance of peace on the continent,” Colombian Foreign Minister Claudia Blum said at the meeting of the consultative organ of the Inter-American Treaty of Reciprocal Assistance (TIAR).

In September, the Organization of American States (OAS) decided to activate the TIAR to consider action against Venezuela after it launched military exercises near the Colombian border.

Meanwhile PDVSA claims to have increased oil exports to over a million barrels per day, mostly due to an increase in shipments to India, reported Aporrea.



2 thoughts on “US Slaps New Sanctions on Six Venezuelan Oil Tankers

  • Bravo to Cuba and Venezuela for working their way around the cruel U.S sanctions. How can the Trump administration sanction ships that don’t belong to them? U.S citizens don’t even have transactions with those ships.

    Reply
  • As a sovereign nation Curt, the US makes its own decisions regarding sanctions, just like China with Taiwan and other sovereign nations acting similarly. Sanctions are a political tool.
    I have yet to see criticism of the US for providing financial support to the 26th of July Movement through the CIA. Between October 1957 and the middle of 1958, the CIA delivered $50,000 to the movement through Santiago. Those funds were handled by Robert D. Wiecha a CIA case officer attached to the US consulate general under the cover of being vice-consul and who served in Santiago from September 1957 to June, 1959. Nobody squealed about that.

    Reply

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