Venezuela's oil exports fall sharply after US tanker seizure as only Chevron ships sail - sources, data
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Venezuelan oil exports have dropped significantly following the U.S. seizure of a tanker and new sanctions on shipping companies dealing with Venezuela. Only Chevron-chartered tankers, authorized by the U.S. government, have been able to transport Venezuelan crude. Approximately 11 million barrels of oil and fuel are currently stranded in Venezuelan waters, with some cargoes on tankers already sanctioned by the U.S. for ties to Iran or Russia.
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