President Donald Trump announced on Wednesday that the U.S. has taken control of an oil tanker near Venezuela. This action has raised oil prices and increased tensions between the U.S. and Venezuela.
“We have just seized a very large tanker, the largest ever, off the coast of Venezuela, and other things are happening,” Trump said. He has been calling for Venezuelan President Nicolas Maduro to step down.
When asked about the oil, Trump replied, “We keep it, I guess.”
This is the first known action against an oil tanker since Trump ordered a military buildup in the region. He has often suggested U.S. military intervention in Venezuela. Meanwhile, the U.S. has targeted vessels suspected of drug trafficking, which has raised concerns among lawmakers and legal experts.
U.S. Attorney General Pam Bondi posted on X that the FBI, Homeland Security, and the Coast Guard, with help from the U.S. military, executed a seizure warrant for the tanker carrying oil from Venezuela and Iran that was under sanctions.
Bondi also shared a 45-second video showing two helicopters approaching the tanker, with armed individuals in camouflage descending onto it.
The Trump administration did not reveal the name of a seized vessel. However, a British maritime group called Vanguard reported that a tanker named Skipper was believed to have been taken near Venezuela early on Wednesday. The U.S. has placed sanctions on this tanker because of its alleged involvement in trading Iranian oil when it was known as the Adisa.
The Skipper left Venezuela’s main oil port, Jose, between December 4 and 5 after loading about 1.1 million barrels of heavy crude oil called Merey, according to satellite data from TankerTrackers.com and information from the Venezuelan state oil company, PDVSA.
Oil prices went up after the news of the seizure. After starting off low, Brent crude futures rose by 27 cents (0.4%) to settle at $62.21 per barrel. At the same time, U.S. West Texas Intermediate crude futures gained 21 cents (0.4%) to close at $58.46 per barrel.
On Wednesday, President Maduro spoke at a march to honor a military battle but did not talk about the tanker’s seizure.
Impact on Oil Prices
Venezuela exported over 900,000 barrels of oil per day last month, making it the third-highest monthly average this year. PDVSA brought in more naphtha to mix with its extra-heavy oil output. While the U.S. has increased pressure on Maduro, it has not disrupted oil shipments.
Venezuela has to sell its crude oil at lower prices to China because of rising competition from sanctioned oil from Russia and Iran.
“This situation is another challenge from geopolitical issues and sanctions that affects the availability of oil,” said Rory Johnston, an analyst with Commodity Context.
“Seizing this tanker raises immediate supply concerns, but it doesn’t change the overall situation because those barrels were already scheduled to be shipped,” Johnston added.
Chevron, which works with PDVSA, stated that its operations in Venezuela are running smoothly. Last month, the company increased crude oil exports to the U.S. to about 150,000 barrels per day, up from 128,000 barrels per day in October.
Rising Pressure on Maduro
Maduro claims that the U.S. military buildup aims to overthrow him and take control of Venezuela’s oil reserves.
Since early September, the Trump administration has carried out more than 20 strikes against suspected drug vessels in the Caribbean and Pacific, killing over 80 people.
Experts say these strikes might be illegal because there is little public evidence showing that the boats were carrying drugs. They argue it was not necessary to blow up the boats instead of stopping them, seizing their cargo, and questioning the crews.
Concerns grew this month after reports that the commander leading the operation ordered a second strike that resulted in the deaths of two survivors.
A recent Reuters/Ipsos poll found that many Americans, including about one-fifth of Trump’s Republican supporters, oppose the military’s campaign of deadly strikes on these boats.
In a strategy document released last week, Trump stated that his administration’s foreign policy would focus on reasserting U.S. power in the Western Hemisphere.
















