The Trump administration has escalated its economic campaign against the Venezuelan government through imposing stringent new sanctions targeting entities within the nation’s oil transportation network. On January 1, 2026, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four companies operating in Venezuela’s petroleum sector and identified four associated oil tankers as blocked property.
According to official statements, these measures specifically target what U.S. officials characterize as a ‘shadow fleet’ that continues to generate substantial revenue for President Nicolás Maduro’s administration. Treasury Secretary Scott Bessent emphasized the administration’s determination to prevent what he described as ‘Maduro’s illegitimate narco-terrorist regime’ from profiting from oil exports while allegedly flooding American markets with illicit drugs.
The sanctioned vessels include NORD STAR (IMO: 9323596), owned by Corniola Limited and managed by Krape Myrtle Co Ltd; ROSALIND/LUNAR TIDE (IMO: 9277735) owned by Winky International Limited; and both DELLA (IMO: 9227479) and VALIANT (IMO: 9409247) linked to Aries Global Investment Ltd. These tankers have been identified as actively transporting Venezuelan crude despite existing restrictions.
This latest action represents a continuation of the comprehensive sanctions strategy implemented throughout Trump’s presidency, which has systematically targeted Maduro’s inner circle, family members, and associated organizations. U.S. authorities maintain that the Venezuelan leader maintains connections to narcotics trafficking and criminal organizations including Tren de Aragua.
The Treasury Department’s release further clarified that these measures complement previous sanctions imposed on PDVSA-linked officials and vessels in mid-December, underscoring the ongoing campaign to exert maximum economic pressure on Caracas.