Home / World News / US warns nations, insurers against aiding Iran fuel shipments to Venezuela

US warns nations, insurers against aiding Iran fuel shipments to Venezuela

Venezuelan navy on Thursday escorted a fourth tanker bringing Iranian fuel through its waters to the gasoline-starved country

Premium

US this month issued a global maritime advisory, giving guidance to the shipping industry on how to avoid sanctions related to Iran, North Korea and Syria

Reuters

3 min read Last Updated : May 30 2020 | 2:52 PM IST

Seeking to deter further shipments of Iranian fuel to Venezuela, the Trump administration has quietly warned foreign governments, seaports, shipping companies and insurers that they could face stiff US sanctions if they aid the tanker flotilla, the US envoy on Venezuela told Reuters on Friday.

Elliott Abrams, Washington's special representative on Venezuela, said the pressure campaign targeting heavily sanctioned US foes Iran and Venezuela was being waged "to be sure everyone recognizes this would be a very dangerous transaction to assist."

The Venezuelan navy on Thursday escorted a fourth tanker bringing Iranian fuel through its waters to the gasoline-starved country,

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in