>>23991302

Trump Orders Total Blockade of Sanctioned Venezuelan Oil Tankers

Mike Schuler December 16, 2025

President Donald Trump announced a complete blockade of all sanctioned oil tankers entering or leaving Venezuela on Tuesday, declaring the Maduro regime a “foreign terrorist organization” and demanding the return of what he called stolen U.S. oil assets.

The move follows the U.S. seizure of the tanker Skipper last week—the first interdiction of a Venezuelan oil cargo since the U.S. first implemented the sanctions in 2019—and comes as Washington assembles what Trump described as “the largest Armada ever assembled in the History of South America” around the country.

“Therefore, today, I am ordering A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela,” President Trump posted.

The blockade targets Venezuela’s sprawling “dark fleet” of nearly 400 active tankers that transport sanctioned crude to China and other buyers, according to TankerTrackers.com. Only 40% of these vessels are currently under U.S. sanctions, the company said Tuesday after President Trump’s announcement.

“America will not allow Criminals, Terrorists, or other Countries, to rob, threaten, or harm our Nation and, likewise, will not allow a Hostile Regime to take our Oil, Land, or any other Assets, all of which must be returned to the United States, IMMEDIATELY,” President Trump’s statement added.

The Skipper, previously sanctioned for oil trading with Iran, is expected to sail to a U.S. port where its cargo will be seized through formal legal proceedings. The U.S. Treasury sanctioned six additional supertankers on Thursday that recently loaded crude in Venezuela.

The announcement raises serious legal issues under international law.

President Trump has overseen a growing U.S. military buildup in the southern Caribbean in recent months, deploying additional naval and Coast Guard assets to waters near Venezuela as part of expanded counter-narcotics operations.

White House spokeswoman Karoline Leavitt said last that the administration would continue enforcing sanctions policies. “We’re not going to stand by and watch sanctioned vessels sail the seas with black market oil, the proceeds of which will fuel narcoterrorism of rogue and illegitimate regimes around the world,” she said.

A sustained reduction in Venezuelan oil exports—the primary revenue source for Maduro’s government—would strain the regime’s finances at a time when Trump is pushing for his ouster.

The action marks a sharp escalation in U.S. maritime enforcement, following more than 20 strikes on suspected drug vessels in recent months that killed over 80 people. Maduro has alleged the military buildup aims to overthrow his government and seize Venezuelan oil resources.

https://gcaptain.com/trump-orders-total-blockade-of-sanctioned-venezuelan-oil-tankers/

>>23991364 (me)

Over 11 Million Barrels of Venezuelan Oil Stuck at Sea After U.S. Tanker Seizure

By Marianna Parraga Reuters December 16, 2025

HOUSTON, Dec 16 (Reuters) – Venezuela’s state-run company PDVSA is dealing with stuck oil cargoes, rising price discounts and demands from customers to change terms of spot contracts following the U.S. seizure of a ship carrying the OPEC country’s crude, traders and sources said.

As Washington’s pressure on President Nicolas Maduro grows, the U.S. Coast Guard last week intercepted the vessel Skipper nearVenezuela’s coast, its first seizure of an oil tanker or cargo from the South American country. The U.S. also imposed sanctions against six ships and their linked companies.

By the time the U.S. moved to seize the vessel, which had carried oil under sanctions from Venezuela and Iran, PDVSA was already struggling to allocate its crude close to contract prices due to a growing flood of sanctioned oil at its main market, China.

PRICE DISCOUNTS TO CHINA WIDEN

But discounts on prices of Venezuela’s flagship Merey heavy crude bound for China have widened to up to $21 per barrel below benchmark Brent prices from between $14 and $15 per barrel last week, two traders and a company source said. They spoke on condition of anonymity due to commercial sensitivity.

Most of the discount increase reflects the rising cost of a “war clause” requested by vessel owners to protect themselves from interceptions, delays or diverted flows due to the ongoing U.S. military presence in the Caribbean.

Since it was first hit with sanctions in 2019, PDVSA has faced even wider price discounts, but the low prices this time come amid intense competition, which is quickly drying up demand for its heavy crudes.

Many customers are asking PDVSA to relax trading requirements, especially the company’s demand that oil cargoes must be prepaid in digital currency to authorize departure. Other clients want to be reimbursed for demurrage, a fee charged for shipping delays, the sources said.

If trading terms are unchanged amid increased risks for customers and shippers to carry oil out of Venezuela, PDVSA could face a flurry of requests for cargo returns, a company source said.

PDVSA did not reply to a request for comment. In a teleconference with workers last week, Venezuela’s Oil Minister Delcy Rodriguez said the company’s operations would not be interrupted by the U.S. actions, the ministry and PDVSA said.

STUCK OR DISCOUNTED

Washington has been trying to cut the economic lifeline of Maduro’s administration, which relies on oil revenue to keep subsidies and government programs running.

This year, China has been the destination of between 55% and 90% of Venezuela’s monthly oil exports, compared with 40%-60% last year. In November, the country exported 952,000 barrels per day of oil, of which 778,000 bpd went to China, according to ship monitoring data.

The increased supply, coupled with rising offers of Russian and Iranian oil at a discount, has left Chinese independent refiners unworried about immediate supplies of Venezuelan crude even amid the U.S. pressure.

But analysts have warned that Venezuelan supplies in China could be reduced in February if tankers currently loaded and waiting in Venezuelan waters are unable to depart.

As of this week, more than 11 million barrels of Venezuelan oil were stuck on vessels waiting to leave as traders tried to negotiate further discounts, the sources said.

PDVSA’s main joint venture partner, U.S.-based Chevron, remains the only company exporting crude without delays from Venezuela, while shippers working with sanctioned vessels have been setting sail in “dark mode,” or with their transponders off, to avoid interceptions.

Adding to the company’s troubles, a cyberattack this week took PDVSA’s administrative systems out of service, forcing a temporary suspension of oil deliveries at its terminals.

https://gcaptain.com/over-11-million-barrels-of-venezuelan-oil-stuck-at-sea-after-u-s-tanker-seizure/