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(Bloomberg) — The Trump administration added oil companies and tankers with ties to Venezuela to its list of sanctioned vessels, the latest effort from the federal government to exert economic pressure on the Nicolas Maduro’s regime.
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The Treasury Department’s Office of Foreign Assets Control on Wednesday added four companies with links to Venezuela’s oil industry — Aries Global Investment LTD, Corniola Limited, Krape Myrtle Co LTD and Winky International Limited — to its specially designated nationals and blocked persons list. It also sanctioned four companies vessels connected with those firms: Della, Nord Star, Rosalind and Valiant
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“These vessels, some of which are part of the shadow fleet serving Venezuela, continue to provide financial resources that fuel Maduro’s illegitimate narco-terrorist regime,” the Treasury Department said in a statement. “Maduro’s regime increasingly depends on a shadow fleet of worldwide vessels to facilitate sanctionable activity, including sanctions evasion, and to generate revenue for its destabilizing operations.”
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The sanctions represent the latest move in President Donald Trump’s pressure campaign against Maduro over alleged drug trafficking operations. On Tuesday, the Treasury Department also imposed sanctions on 10 individuals and firms based in Iran and Venezuela over their alleged involvement in weapons trading.
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The US has launched strikes against purported drug trafficking boats off the coast of Venezuela and also implemented a blockade of sanctioned oil tankers to disrupt the country’s crucial energy exports.
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US forces have intercepted two carriers in recent weeks. A third turned away from Venezuela and retreated to the Atlantic Ocean after it was pursued by US forces.
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Earlier: US Chased Oil Tanker Away From Venezuela Amid Blockade
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Trump on Monday confirmed that the US had also struck a facility inside Venezuela, targeting loading docks used by alleged narco-trafficking boats in what marks a major escalation of the military campaign. The president has long threatened to expand the strikes to target Venezuelan facilities on land.
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CNN reported that CIA carried out a drone attack on a dock along the Venezuelan coast that US authorities believe was tied to the gang Tren de Aragua. There were no casualties, according to the report, which cited unnamed sources.
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