By Amira El-FekkiShareNewsweek is a Trust Project memberA sanctioned Russian oil tanker has reportedly reached Venezuela following several route changes and attempts to evade U.S. naval interception in the Caribbean Sea. The ship anchored at Puerto La Cruz, a port city on the South American country's northeastern coast, according to global shipping news outlets.
Why It Matters
The tanker arrived despite a large U.S. naval presence in the Caribbean, part of ongoing counter-drug operations and increased pressure on Venezuelan President Nicolás Maduro’s regime. Since 2019, the U.S. has targeted the regime with sanctions on its state-owned oil company, Petróleos de Venezuela, and by monitoring foreign companies and shadow fleets transporting oil to the country.
What To Know
The Seahorse, a tanker built in 2004 and sanctioned by the UK and the European Union, arrived in Venezuela on Sunday, the Maritime Executive reported. Earlier this month, the ship made a U‑turn off the coast of Venezuela after the USS Stockdale destroyer intersected its course.
It has reportedly been in the Caribbean since October, but turned away several times due to U.S. interception, though there were no reports of a confrontation. Its presence has been located in the vicinity of Cuba and areas near Puerto Rico. The Seahorse followed a second sanctioned tanker that also reached Venezuela over the weekend, the Russian-flagged tanker Vasily Lanovoy, according to the Maritime Executive.
Russia, China, and Iran have relied on shadow fleets of tankers and cargo vessels to circumvent Western sanctions, operating through hidden networks and complex routing to maintain trade.
Washington's “maximum pressure” campaign against Venezuela drove Western firms out, benefiting adversaries: the country sold discounted crude to China, relied on Iran for substances added to oil to aid transportation, and leaned on Russian investors, the Atlantic Council noted in a January analysis.
Tensions with Venezuela escalated after the government rejected the U.S. designation of the alleged criminal network “Cartel de los Soles” as a terrorist organization, which took effect Monday.
...What People Are Saying
Republican U.S. Representative Maria Salazar of Florida told Fox Business on Monday: “Venezuela for the American oil companies will be a field day because it will be more than a trillion dollars in economic activity. American companies can go in and fix the oil rigs and everything that has to do with the Venezuelan petroleum companies, with oil and the derivatives. The Venezuelans have the largest reserves of oil in the world, more than Saudi Arabia. This is going to be a windfall for us when it comes to fossil fuels."
What Happens Next
The U.S. administration has yet to clarify its next move regarding a military operation in Venezuela, which in turn is likely to rely on Russia, Iran and China for support.
Request Reprint & LicensingSubmit CorrectionView Editorial & AI Guidelines
Add Newsweek as a preferred source on Google to see more of our trusted coverage when you search.Recommended For You
NewsTrump May Defeat Maduro Without Battle and Lose War in Venezuela14 min read
NewsUncommon Knowledge: Trans Book Bans Often Backfire—On Their Creators5 min read
NewsUrgent Tornado Warning Issued, Severe Storms Threaten Mississippi, Louisiana: Live Updates1 min read
NewsWoman Faces Deportation After Allegedly Throwing Coffee on Baby3 min read
NewsPrice Correction ‘Worse Than 2008’ Coming To US Housing Market—Analyst5 min read
WorldTrump Caught in China’s Flashpoint Dispute With Key US Ally4 min readRelated Podcasts
Top Stories
WorldTrump Peace Plan: Ukraine Agrees To ‘Core Terms’, Russia Launches Major Attack—Live Updates3 min read
NewsUncommon Knowledge: Trans Book Bans Often Backfire—On Their Creators5 min read
NewsUncommon Knowledge: A Wicked Box Office Success and the US Movie Business5 min read
NewsTrump Canceling GDP Report Comes Under Scrutiny3 min read
Live BlogThanksgiving Travel Live Updates: Winter Storm Threatens Record Travel, Flight Tracker, Forecasts2 min read
NewsPentagon Threatening Mark Kelly Fuels Conservative Backlash: ‘Amateur Hour’5 min readTrending
National Weather ServiceWinter Storm Alert Issued as 12 Inches of Snow Set To Hit3 min read
Higher EducationFull List of Degrees Not Classed As ‘Professional’ by Trump Admin8 min read
MoneyNew ‘Cash Law’ Could Change Grocery Store Rules3 min read
LawsuitCampbell’s Soup VP Mocks ‘Poor People’ Who Buy Its Food in Secret Recording6 min read
ThanksgivingHome Depot Responds to Thanksgiving Boycott5 min readOpinion
OpinionAgriculture Secretary: Giving Thanks to the American Farmer This Thanksgiving | Opinion4 min read
OpinionFormer White House Middle East Envoy: What We Keep Getting Wrong About the UAE and Sudan | Opinion5 min read
OpinionGovernment-Mandated Affordability—Music to Consumer Ears | Opinion6 min read
OpinionConventional Wisdom: Ukraine Peace Plan Edition2 min read
OpinionFour Ways to Fight Trump’s Golden Age of Corruption | Opinion5 min read