Sigma Live

US Imposes Sanctions on Companies for Bypassing Venezuela Oil Embargo

Published December 31, 2025, 22:01
US Imposes Sanctions on Companies for Bypassing Venezuela Oil Embargo

The United States has imposed sanctions on four companies operating in Venezuela's oil sector, as well as vessels linked to them. This move is part of the increasing pressure the US government is applying to Venezuelan President Nicolás Maduro, aiming to restrict the country's access to oil revenues. The sanctions target oil traders involved in circumventing existing restrictions. Furthermore, Trump announced a 'blockade' of ships violating the sanctions, resulting in a significant decrease in Venezuela's oil exports.