Oil tankers are continuing to arrive in Venezuela despite a recent US blockade on sanctioned vessels, showing that state-run oil company PDVSA is still trying to move crude even as exports drop sharply.
Shipping data showed that at least two oil tankers reached Venezuela in recent days, while others are sailing towards the country.
The movements follow an announcement by US President Donald Trump earlier this month that Washington would block all sanctioned ships going in or out of Venezuelan waters, as part of efforts to increase pressure on President Nicolas Maduro.
Since the blockade was announced, Venezuela’s oil exports have fallen to about half of their November levels. The United States has also seized two fully loaded Venezuelan oil cargoes and increased naval patrols in the Caribbean Sea.
The tougher enforcement has alarmed many tanker owners. Shipping sources said several vessels have changed course or turned back to avoid Venezuelan waters, leaving only
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