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US Seizes Tankers, Intensifies Venezuela Oil DisputeTwo Venezuela-linked tankers were seized amid China’s condemnation and a drop in oil prices due to expected supply increases.
Key FactsJan 8, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The US detained two oil tankers, including one flying the Russian flag, transporting Venezuelan crude.
- This move is part of a broader US blockade targeting sanctioned vessels linked to Venezuela.
- China condemned the US actions as bullying and interference in Venezuela’s sovereignty.
- Plans to sell Venezuelan oil under eased sanctions contributed to a decline in global oil prices.
The United States' brazen use of force against Venezuela and its demand for 'America First' when Venezuela disposes of its own oil resources are typical acts of bullying.— Mao Ning, spokesperson for the Chinese Foreign Ministry, criticizing the U.S. actions against Venezuela.
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