New U.S. sanctions on traders choke Venezuela's oil exports
New U.S. sanctions on traders choke Venezuelaâs oil exports By Lucia Kassai on 3/2/2021 Tanker at Venezuelan oil export terminal (Bloomberg) --Venezuela oil exports dropped in February after the U.S. sanctioned key trading houses and individuals that had been propping up exports of the commodity that bankrolls President Nicolas Maduroâs regime. Crude shipments fell to 418,857 barrels a day in February, a 13% drop from January, according to shipping reports and ship-tracking data compiled by Bloomberg. In mid-January the U.S. blacklisted Maltese tradin...
Source: worldoil.com