💨 Abstract

The U.S. imposed sanctions on four companies and associated oil tankers operating in Venezuela's oil sector, intensifying pressure on President Nicolás Maduro. This move follows a series of actions, including a blockade on sanctioned vessels and military presence in the region. The targeted tankers, part of the "shadow fleet," are accused of evading sanctions and transporting Venezuelan oil. The sanctions aim to disrupt Maduro's government and reduce Venezuela's oil exports, which have already been significantly impacted.

Courtesy: theprint.in