"After Trump announced a blockade of all sanctioned oil tankers entering and leaving Venezuela last week, tanker loading at the country's ports has slowed, with most ships moving oil cargoes only between domestic ports, according to the Reuters news agency. The number of loaded tankers that have not departed has increased in recent days, leaving millions of barrels of Venezuelan oil stuck on board ships, while customers demand deeper discounts and contract changes to take risky voyages beyond the country's waters."
"the US president again called for Maduro to leave power, and reiterated that the US would keep or sell the oil it had seized off the coast of Venezuela in recent weeks. Asked if the goal was to force Maduro from power, Trump told reporters: I think it'd be smart for him to do that, before adding if he wants to do something, if he plays tough, it'll be the last time he's ever able to play tough."
China and Russia expressed support for Venezuela as the United States imposed a blockade on sanctioned oil tankers linked to the country. Tanker loading at Venezuelan ports slowed after the blockade, with many ships moving oil only between domestic ports and multiple loaded tankers remaining at berth, leaving millions of barrels stuck aboard. Customers sought deeper discounts and contract changes due to voyage risks. The US intercepted a China-bound tanker it said carried sanctioned oil; China called the seizure a serious violation of international law, and Panama raised concerns about the intercepted supertanker’s conduct.
Read at www.theguardian.com
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