Venezuela shipments test US maritime sanctions resolve
Exports are now less than 530,000 barrels per day, less than a third of the levels seen pre-sanctions, while the country’s main gasoline-producing refinery is no longer operable
A product tanker that discharged gasoline in Venezuela last month remains flagged by Liberia and under UK-based protection and indemnity cover. Elsewhere, four Iranian-flagged tankers are heading to Venezuela laden with the light distillate