A boat passes by a crude oil tanker anchored on Lake Maracaibo near Maracaibo, Venezuela, on Dec. 18, 2025. Alejandro Paredes/AFP via Getty Images
The U.S. Treasury Department announced on Dec. 31 new actions against four companies and four linked vessels, which it said are helping Venezuela evade oil export sanctions.
In a Dec. 31 press statement, the Treasury Department’s Office of Foreign Assets Control described the four entities and their affiliated vessels as part of a so-called “shadow fleet” working to sustain Venezuelan President Nicolás Maduro’s “illegitimate narco-terrorist regime.”
