Venezuela's oil exports paralyzed as U.S. enforces total blockade

Tehran - BORNA - Informed sources reported to Reuters that Venezuelan oil exports, which had reached a minimum amid the U.S. blockade of tankers, have now been paralyzed, and port captains have received no requests to authorize loaded ships to depart.

This paralysis occurs as the United States has launched a military attack on Venezuela and abducted President Nicolás Maduro and his wife.

U.S. President Donald Trump stated on Saturday that the oil embargo against the South American country is being fully enforced.

According to the Reuters report, monitoring data shows that several ships that recently loaded crude oil and fuel bound for destinations including the United States and Asia have not moved, and other ships waiting to load remain empty. The tanker tracking service, TankerTrackers, announced that no tankers loaded at the Jose terminal, Venezuela's main oil port, on Saturday.

According to informed sources and documents from the state-run oil company PDVSA, the complete suspension of oil exports—including tankers chartered by the American company Chevron, which is PDVSA's main partner—could accelerate Venezuela's need to cut production in oil fields, as storage tanks and even ships used for floating storage have filled rapidly in recent weeks.

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