The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The action comes amid a large-scale U.S. military buildup in the southern Caribbean and as U.S. President Donald Trump campaigns for Maduro’s ouster.
On Wednesday, Trump said the U.S. had seized a sanctioned oil tanker off the coast of Venezuela.
The U.S. Treasury Department said it imposed sanctions on six shipping companies moving Venezuelan oil, as well as six crude oil tankers that it said “have engaged in deceptive and unsafe shipping practices and continue to provide financial resources that fuel Maduro’s corrupt narco-terrorist regime.”
Four of the tankers, including the 2002-built H. Constance and the 2003-built Lattafa, are Panama-flagged, with the other two registered in the Cook Islands and Hong Kong.
The targeted vessels are supertankers that recently loaded crude in Venezuela, according to internal shipping documents from state oil company PDVSA.
Franqui Flores and Efrain Antonio Campo Flores, nephews of Venezuelan first lady Cilia Flores, were also hit with sanctions. The two were dubbed the “narco nephews” after their arrest in Haiti in 2015 in a U.S. Drug Enforcement Administration sting operation.
Maduro and his government have denied links to crime and say the U.S. is pursuing regime change to take control of Venezuela’s oil reserves.
"The imperialists thought that our people would falter, but here no one faltered and no one will ever falter," Maduro said in reference to previous sanctions.
Wednesday’s seizure was the first of a Venezuelan oil cargo during U.S. sanctions that have been in force since 2019. It is the Trump administration’s first known action against a Venezuela-related tanker since he ordered a large military buildup in the region.
The administration is planning further tanker seizures, sources told Reuters on Thursday.
U.S. Attorney General Pam Bondi posted on X that the FBI, Homeland Security and Coast Guard, with support from the U.S. military, carried out a seizure warrant for a crude tanker used to transport sanctioned oil from Venezuela and Iran.
The move pushed oil prices higher and sharply escalated tensions between Washington and Caraca
Global oil prices reached a four year high on Monday (9 March), surpassing $...
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled o...
Kyrgyzstan recorded the largest increase in women’s representation in parliament worldwide in 2025, accordin...
U.S. President Donald Trump and UK Prime Minister Keir Starmer spoke by phone on Sunday as tensions between Washin...
Türkiye’s official anti-disinformation agency has issued a statement refuting what it described as onli...
Global oil prices reached a four year high on Monday (9 March), surpassing $119 a barrel, as conflict in the Middle East rumbled on. Meanwhile, the Turkish Military said NATO air defence systems destroyed a missile fired from Iran towards the country.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Iranian civilian and military officials have pledged their obedience to the new leader, Ayatollah Seyed Mojtaba Khamenei, with President Masoud Pezeshkian saying his leadership “will herald a new era of dignity and authority for the Iranian nation.”.
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
U.S. President Donald Trump and UK Prime Minister Keir Starmer spoke by phone on Sunday as tensions between Washington and Westminster deepened over the conflict involving Iran. The call came less than a day after Trump criticised Britain’s response to U.S. strikes on Iranian targets.
Norwegian police are searching for a suspect after an explosion at the U.S. embassy in Oslo on 8 March caused minor damage but no injuries, in what authorities say may have been a deliberate attack linked to the Middle East crisis.
An explosion damaged a synagogue in the Belgian city of Liège early on Monday (9 March) in what authorities said was an antisemitic attack that caused damage but no injuries.
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint release of oil from emergency reserves coordinated by the International Energy Agency, the Financial Times reports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of March, covering the latest developments you need to know.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment