this post was submitted on 18 Dec 2025
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At least 34 U.S.-sanctioned oil tankers with a history of carrying Venezuelan oil are currently at sea in the Caribbean, according to a new analysis obtained by CNBC on Wednesday.

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[–] demonsword@lemmy.world 0 points 16 hours ago (1 children)

The oil was headed to Iran and Russia.

Those two countries export oil.

[–] UsernameHere@lemmy.world 1 points 16 hours ago (1 children)

They also buy oil. Remember oil needs to be refined.

[–] demonsword@lemmy.world 1 points 15 hours ago

The kind of oil extracted in Venezuela is called heavy crude, it's not easily refined anywhere, needs some kind of special processes. IIRC a lot of it was processed in the USA itself before sanctions took place during the Deranged Orange Man's first term.