US sanctions Maduro’s nephews and shipping companies it says move Venezuelan oil
CNN • • general
Key Points:
- The US has sanctioned three nephews of Venezuelan President Nicolás Maduro, including two previously convicted of drug trafficking in the US and later released in a prisoner swap.
- Sanctions also target Venezuela’s oil sector, involving a Panamanian businessman and six shipping companies accused of moving Venezuelan oil.
- The US Treasury identified six vessels engaged in deceptive and unsafe shipping practices that financially support Maduro’s government.
- These actions follow the recent US seizure of an oil tanker near Venezuela, which was sanctioned for involvement in illicit oil shipping networks linked to foreign terrorist organizations.
- Venezuela condemned the tanker seizure as "criminal naval piracy" and filed a formal complaint with the International Maritime Organization.
