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U.S. Seizes Seventh Venezuela-Linked Tanker, the MV Sagitta

Operation Southern Spear is tightening enforcement to route Venezuelan crude through U.S.-overseen sales.

Overview

  • U.S. Southern Command said forces apprehended the Liberian-flagged MV Sagitta in the Caribbean without incident, marking the seventh seizure under the administration’s maritime quarantine.
  • The command said the vessel was operating in defiance of restrictions on sanctioned ships and indicated it had taken on Venezuelan oil as part of unauthorized exports.
  • Ship registry records list a Hong Kong–based company as the Sagitta’s owner and manager, and the tanker has been under U.S. sanctions tied to Russia-related measures.
  • President Donald Trump says the U.S. has taken roughly 50 million barrels of Venezuelan crude and begun sales, while interim leader Delcy Rodríguez reported receiving $300 million from an initial $500 million transaction to stabilize the currency market.
  • The White House pitches the interdictions and managed sales as steps toward rebuilding Venezuela’s oil sector with large new investment, even as legal challenges and industry caution highlight significant hurdles.