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Oil tankers depart Venezuela in ‘dark mode’ amid US blockade: Report

The Cradle | January 5, 2026

About a dozen tankers loaded with Venezuelan oil and fuel departed the country in recent days, despite a blockade imposed by US President Donald Trump as part of the pressure campaign to depose Venezuelan President Nicolas Maduro, TankerTrackers.com reported on 5 January.

The US military launched an operation on Friday to abduct Maduro and his wife, bringing them to the US to face trumped-up drug trafficking charges in a New York court.

Four of the departed tankers recently left Venezuelan waters through a route north of Margarita Island, TankerTrackers.com revealed, after identifying the vessels in satellite images.

At least four of the tankers had been cleared by Caracas authorities in recent days to leave Venezuelan waters, a source with knowledge of the departures’ paperwork told Reuters. The tankers traveled in “dark mode” after switching off their transponders.

According to Reuters, Venezuela’s state-run oil company PDVSA had accumulated a very large inventory of floating storage amid the US blockade imposed by Trump last month, which had brought the country’s oil exports to a standstill.

The ability of the tankers, all of which are under US sanctions, to depart the country loaded with oil will provide relief for PDVSA, which was running out of storage capacity.

Oil provides Venezuela’s primary source of revenue, making the continued export of the country’s crude crucial for maintaining stability following the US regime-change operation.

Oil minister and vice president Delcy Rodriguez now leads the country in Maduro’s absence.

It was not immediately clear if the US allowed the tankers to depart Venezuela or if they managed to break the US blockade.

Trump claimed on Saturday that the “oil embargo” on Venezuela was still in force, but said Caracas’s largest customers, including China, would keep receiving oil as long as it was paid for using dollars, not yuan.

However, Maduro’s ouster will likely [???] lead Venezuelan oil to be rerouted toward the US and away from China moving forward.

“A smooth transition in Caracas will likely result in a rapid rerouting of Venezuelan oil exports, re-establishing the US as the major buyer of the country’s volumes,” Reuters wrote on Sunday.

Pro-Israel billionaire and Trump supporter Paul Singer is expected to be the largest beneficiary of the rerouting.

In November, a judge in the US District Court in Delaware awarded the assets of PDVSA’s US subsidiary, CITGO, to Amber Energy, which is funded by Singer’s Elliott Management.

Elliot Management paid just $5.9 billion for CITGO’s assets, which include oil refineries in Texas, Louisiana, and Illinois. Estimates of the actual value of CITGO’s assets are as high as $18 billion.

CITGO’s refineries in the US were custom-built to refine Venezuela’s heavy crude, meaning that due to Trump’s regime-change operation, Singer will now be able to purchase Venezuelan oil, refine it, and sell it as fuel in the US.

Jaime Brito, an oil analyst at OPIS, said access to Venezuelan oil imports “will be a game changer for US Gulf Coast … refiners in terms of profitability.”

January 5, 2026 - Posted by | Economics | , ,

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