U.S. Seizures of Venezuela-Linked Tankers Unravel Atlantic and Caribbean Trades
Over the last week, US forces have successfully arrested multiple oil tankers linked to Venezuelan crude trades - from Russian-flagged Bella 1 in the North Atlantic and stateless Sophia in the Caribbean to an East Timor flagged Olina being detained by Coast Guard agents - increasing enforcement of sanctions and heightening risks for shadow fleet operators and conventional tanker owners alike.