U.S. vows to control Venezuela’s oil ‘indefinitely’ after UK helps Trump seize two tankers: Live updates
U.S. officials say the Trump administration plans to control Venezuela’s oil indefinitely in order to force the country to act in America’s interests.
Energy Secretary Wright said the U.S. would market stored Venezuelan oil first and then sell future production indefinitely, with revenues deposited into accounts controlled by the U.S.President Donald Trump has also announced that Venezuela will only purchase “American-made” products with the money made from its oil deal with America.
The U.S. seized two sanctioned Venezuela-linked oil tankers in the Atlantic Ocean on Wednesday in an operation that also involved the British armed forces. The Ministry of Defence said the U.S. asked Britain for assistance, and RAF surveillance aircraft and a Royal Navy support ship took part in the seizure.
The U.S. Coast Guard and U.S. military special forces, bearing a judicial seizure warrant, apprehended the Marinera crude oil tanker, which had refused to be boarded last month before switching to Russia’s flag, officials said.
The U.S. Coast Guard also intercepted a tanker carrying Venezuelan oil, the Panama-flagged M Sophia, near the northeast coast of South America.
