U.S. Seizes Venezuelan Oil Tankers, Forcing PDVSA to Use Tankers as Storage

The U.S. has dramatically escalated its campaign against Venezuela’s oil industry by seizing Venezuelan crude tankers and enforcing a blockade on sanctioned vessels, creating a growing export bottleneck that matters for energy markets and geopolitics.

Tension between Washington and Caracas has risen as U.S. forces, led by the Coast Guard, intercepted or …