U.S Treasury targets Maduro-linked insiders and shipping firms in Venezuela’s oil sector, freezing assets and blocking transactions to cut off illicit financial support

OFAC designates three nephews of Maduro’s wife, a Venezuelan oil-sector official, a businessman with regime ties, and six shipping companies and associated vessels for their role in facilitating illicit oil shipments and financial support for the Maduro government. These actions block all U.S. property and interests of the designated persons and entities and prohibit U.S. persons from engaging in transactions with them, aiming to cut off revenue streams that fuel corruption, narco-trafficking and the Venezuelan regime’s continued…