LONDON / MEXICO CITY (Reuters) – The United States is considering an October deadline to end exemptions from Venezuelan sanctions that allow some companies and refiners to still receive the South American producer’s oil, two sources said, as Washington seeks to increase heat on President Nicolas Maduro. FILE PHOTO: A …
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Foreign flag oil tanker “Bella” carrying Iranian cargo for Venezuela. Department of Justice WASHINGTON – The Department of Justice said Friday that federal agents seized a multimillion-dollar Iranian fuel supply for Venezuela, in what it described as the largest seizure ever. The US, with the assistance of foreign partners, confiscated …
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Venezuelan oil company PDVSA is recently considering re-launching another petrol-producing unit, hoping to put an end to the petrol shortage in the country, which sits on top of the world’s largest reserves of crude oil. PDVSA plans to restart the gasoline-producing unit at its CRP refining complex within two weeks, …
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LONDON / MEXICO CITY (Reuters) – Tankers carrying Iranian fuel cargo, covered by a U.S. seizure warning, are sailing to the United States after talks between U.S. authorities and shipowners, a U.S. government source and a shipping source said on Thursday. Iran had planned to transport gasoline to Venezuela, a …
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The Trump administration has seized the cargo of four tankers it was aiming to transport Iranian fuel to Venezuela, officials said on Thursday as it launched its campaign of maximum pressure against the two heavily sanctioned allies. Last month, federal prosecutors in Washington filed a civil defiance complaint alleging that …
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