The Treasury has targeted the shipping sector and blacklisted President Nicolas Maduro’s nephews
The US has blacklisted six Venezuelan shipping companies and six vessels as part of a pressure campaign against President Nicolas Maduro.
US President Donald Trump has accused the Maduro government of helping cartels smuggle drugs into the US – a claim Maduro denied and said was being used as a cover for an attempt at regime change.
The blacklisted ships and companies operate in Venezuela’s oil sector and are aiding the “corrupt narco-terrorist regime,” the US Treasury said in a statement on Thursday.
Sanctions were also imposed on Maduro’s three nephews, two of whom were sentenced in the US on drug-trafficking charges and later released in 2022 as part of a prisoner swap.
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