U.S. Blockade Leaves $900 Million of Venezuelan Oil Stranded at Sea
Market Intelligence Analysis
AI-PoweredA US blockade on Venezuelan oil has left approximately $900 million worth of crude oil stranded at sea, with 17.5 million barrels of oil unable to depart due to the ongoing restrictions.
Market impact analysis based on bearish sentiment with 61% confidence.
Article Context
With a two-month "quarantine" placed on Venezuelan oil by the Trump administration in a foreign policy move called "gunboat diplomacy," new data estimate that roughly $900 million worth of crude is currently loaded on tankers, unable to depart Venezuela due to the U.S. blockade. "Based on our visual analysis from both shore and space, we estimate that there are around 17.5 million barrels of crude oil floating onboard tankers in Venezuela which are unable to depart due to the ongoing US blockade," independent research Tanker Trackers wrote on X.…
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