OFAC sanctions four companies and oil tankers for helping Venezuela’s Maduro regime evade sanctions, blocking assets and tightening pressure on illicit oil revenues 

OFAC designates four companies under U.S. sanctions for operating in Venezuela’s oil sector — including involvement with vessels that transport Venezuelan oil — and identified four associated tankers as blocked property due to their role in generating revenue for the Maduro regime’s destabilising activities. These measures further tighten U.S. sanctions risk for actors in Venezuela’s oil trade and reinforce prohibitions on transactions involving designated entities or property without specific authorisation…