MARKET STRUCTURE · INDIA

US enforcement of Venezuela oil blockade beyond the Caribbean

Change
The Pentagon said US forces seized a Venezuela-linked oil tanker in the Indian Ocean after tracking it from the Caribbean.
US enforcement of Venezuela oil blockade beyond the Caribbean
Why it matters
The seizure extends US interdiction of Venezuela-linked oil shipments to routes outside the Western Hemisphere, increasing the operational risk for shippers and insurers using long-haul transshipment paths. It signals that vessels can be targeted after leaving the Caribbean, tightening constraints on export logistics even when cargoes are moved far from US regional patrol areas.
Source

Read full article on Al Jazeera →

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