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National & World

U.S. sanctions 4 corporations, oil tankers with ties to Venezuela

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Last updated: December 31, 2025 9:27 pm
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U.S. sanctions 4 corporations, oil tankers with ties to Venezuela
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Washington — The US imposed sanctions on 4 corporations and related oil tankers that it says have ties to Venezuela, within the newest escalation in opposition to the South American nation.  

The Treasury Division stated in a press release Wednesday that the newest wave of sanctions targets oil merchants and vessels it says are serving to prop up President Nicolás Maduro’s regime. 

“President Trump has been clear: We won’t permit the illegitimate Maduro regime to revenue from exporting oil whereas it floods the US with lethal medicine,” Treasury Secretary Scott Bessent stated in a press release. “The Treasury Division will proceed to implement President Trump’s marketing campaign of strain on Maduro’s regime.”

State Division principal deputy spokesperson Tommy Pigott stated Wednesday that the U.S. sanctioned the entities “for illegally working in Venezuela’s oil sector.”

“The Trump Administration can also be blocking 4 related oil tankers, a part of a shadow fleet that funds Nicolás Maduro’s illegitimate, corrupt regime and permits Maduro and his cronies to evade sanctions,” Pigott stated in a press release.

Earlier this month, Mr. Trump referred to as for a “complete and full blockade” on all sanctioned oil tankers that enter or depart Venezuela, and the U.S. has seized two sanctioned vessels because the army will increase its presence within the area. 

The Trump administration’s strain marketing campaign on Venezuela has included dozens of lethal strikes on alleged drug smuggling boats within the area. Mr. Trump, who has repeatedly threatened land strikes in opposition to Venezuela, stated the U.S. “knocked out” a “massive facility” final week linked to the alleged drug smuggling operations, however his administration has supplied few particulars on the matter. 

“There was a significant explosion within the dock space the place they load the boats up with medicine,” Mr. Trump informed reporters Monday in Florida. 

The Trump administration has accused Maduro of drug trafficking and dealing with gangs designated by the U.S. as terrorist organizations — which Maduro denies.


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