US Pursuit of Third Oil Tanker Deepens Venezuela Blockade
December 22, 2025
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5:07Now PlayingUS Pursuit of Third Oil Tanker Deepens Venezuela Blockade
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as posted by the channelBloomberg's Nick Wadhams breaks down the state of the Trump administration's blockade off the coast of Venezuela as the Coast Guard chases down a non-sanction oil tanker in the area. It marks the third vessel the US has targeted.
The US Coast Guard’s pursuit of a third oil tanker off the coast of Venezuela has intensified a blockade that the Trump administration hopes will cut off a vital economic lifeline and isolate the government of President Nicolás Maduro.
US forces chased the US-sanctioned Bella 1 on Sunday as it was en route to Venezuela. They boarded Centuries, a ship owned by a Hong Kong-based entity, on Saturday — the first non-sanctioned vessel to be targeted. Another very large crude carrier, the Skipper, was intercepted on Dec. 10.
The moves on three separate vessels represent the most concerted attempt to date to sever the financial links sustaining a government that Washington says is led by a drug-trafficking cartel, and one that it has also recently designated as a foreign terrorist organization. Maduro has so far withstood the onslaught, but the blockade is beginning to limit hard currency and to hurt an already battered economy.
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