US Sanctions Chinese Firms and Tankers Linked to Venezuela's Oil Trade
3 hours agoPolitics
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US Sanctions Chinese Firms and Tankers Linked to Venezuela's Oil Trade

The U.S. Treasury Department has sanctioned four Chinese companies and four vessels linked to Venezuela's oil industry for evading sanctions. These entities are accused of facilitating sanctionable activities and generating revenue for the Maduro regime. This action marks a rare instance of targeting Chinese firms involved in Venezuela's oil trade, potentially signaling U.S. intent to deter Beijing's engagement amid ongoing tensions between the U.S. and Venezuela.

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