US pursuing third oil tanker near Venezuela, officials say

Summary

The US Coast Guard is actively pursuing a sanctioned oil tanker near Venezuela, part of a broader campaign to enforce sanctions against vessels involved in illegal oil trade linked to Venezuela and Iran.

Key Points
  • The US Coast Guard is pursuing a sanctioned oil tanker near Venezuela, identified as Bella 1 linked to Iran and Venezuela.
  • This would be the second such operation this weekend and third in less than two weeks if successful.
  • The US is intensifying pressure on Venezuela under President Donald Trump, including blockades and military presence targeting oil shipments.
  • Oil prices have risen amid these operations, raising geopolitical concerns about Venezuela's oil exports and revenue.
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