The United States Department of the Treasury has announced new sanctions against several family members and associates of Venezuelan President Nicolas Maduro as the Trump administration intensifies its pressure on Caracas and continues to bolster US forces along Venezuela’s borders.
These sanctions, announced on Friday, coincide with ongoing US military actions targeting vessels off Venezuela’s coast, which have resulted in over 100 fatalities. The US military has also seized a Venezuelan oil tanker and imposed a naval blockade on all ships arriving or departing from Venezuelan ports that are under US sanctions.
US Secretary of the Treasury Scott Bessent said that Maduro and his helpers are a threat to our safety in the Americas. He also mentioned that the Trump administration will keep going after the people who help Maduro’s unfair government.
The latest sanctions focus on seven individuals who are either family members or associates of Malpica Flores, a nephew of Maduro, along with Panamanian businessman Ramon Carretero. These individuals were named in a previous round of US sanctions that also targeted six Venezuela-flagged oil tankers and shipping companies on December 11.
Flores, one of Maduro’s three nephews by marriage, is referred to as one of the “narco-nephews” by the US Treasury Department and is wanted for being “repeatedly linked to corruption” at Venezuela’s state-run oil company, Petroleos de Venezuela, SA, according to a Treasury statement.
It remains unclear how Flores’s involvement with the state-run oil company is connected to efforts to support “Nicolas Maduro’s rogue narco-state,” which Bessent mentioned as a justification for extending sanctions to additional family members and associates of the president.
Venezuela’s Oil Belongs to the United States
The United States has stated that its increased military actions in the region since September, including attacks on ships in the eastern Pacific and the Caribbean, are mainly focused on fighting drug trafficking. However, international law experts believe these actions could be considered extrajudicial killings.
Even though the administration keeps talking about drug trafficking, its actions and messages seem more directed at Venezuela’s large oil reserves, which are the biggest in the world. These reserves have mostly remained untouched since the United States imposed sanctions during Trump’s first term.
Homeland Security adviser and Trump aide Stephen Miller stated last week that Venezuela’s oil belongs to the United States. On X, he claimed, “American sweat, ingenuity, and toil created the oil industry in Venezuela.” He added that its “tyrannical expropriation” was the largest recorded theft of American wealth and property.
The US has put rules that hurt Venezuela’s oil industry, making the country’s problems worse and people unhappy with President Maduro, who has been in charge since 2013.
Maduro says these rules are meant to change his government and take Venezuela’s oil.
The European Union also set similar rules, which will last until 2027. These rules stop Venezuela from getting weapons and some people can’t travel or use their money because of what they did to others.










