Traders Find Ways To Bypass Venezuelan Oil Sanctions

There are 2 replies in this thread, which has been viewed 733 times. The last post (May 13, 2025 at 2:26 PM) was by Pt Cumana Sharon.

    FHIST NEWS wrote a new article:

    Article

    Traders Find Ways To Bypass Venezuelan Oil Sanctions

    Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say

    […]

    SINGAPORE, May 12 (Reuters) - Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.

    Independent refiners in China are the main buyers of seaborne oil shipments from countries sanctioned by the United…
    FHIST NEWS
    May 12, 2025 at 8:19 AM

    Quote

    Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say

    […]

    SINGAPORE, May 12 (Reuters) - Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.

    Independent refiners in China are the main buyers of seaborne oil shipments from countries sanctioned by the United…

    Sanctions normally make these governments stronger or force them to become more oppressive but i guess muerica already knows that. In essence what they are doing trying to force the people to turn against the leaders

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