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Can someone explain why US sanctions on Iranian oil would have any relevance to Venezuela? And why the US would have any right to enforce those sanctions by sei
by basisword 11mo ago
Can someone explain why US sanctions on Iranian oil would have any relevance to Venezuela? And why the US would have any right to enforce those sanctions by seizing some other countries tanker? Or is this the US just doing what it wants because nobody will tell it otherwise?
- seanmcdirmid 11mo agoOh, I think I know this one. Venezuela crude is really heavy and dirty, but a lot of refineries, including ones in Texas and I imagine Iran, are designed to mix it with some lighter crude to derive a decent gasoline yield. These refineries only work like this however, and have basically become dependent on dirty crude sources like Venezuela. The USA I think is dealing via Alberta tar sands, but maybe they decided to just steal the oil from Venezuela directly (Trump is unhinged like that).
- crest 11mo agoThis is the US navy resorting to gunboat diplomacy.
- JumpCrisscross 11mo ago> Can someone explain why US sanctions on Iranian oil would have any relevance to Venezuela? "Brokers in Singapore told The Wall Street Journal that a tanker called the Skipper was the vessel seized off Venezuela early Wednesday. The tanker, formerly called the Adisa, had been sanctioned by the U.S. Treasury Department’s Office of Foreign Assets Control for carrying Iranian crude" [1]. [1] https://www.wsj.com/world/americas/u-s-seizes-oil-tanker-off-venezuela-in-escalation-of-pressure-on-maduro-regime-ec2cd0b6?mod=hp_lead_pos3 https://www.wsj.com/world/americas/u-s-seizes-oil-tanker-off...
- cocoricamo 10mo agoThere are shadow fleets of tankers trafficking oil across the world. Venezuelan oil is sanctioned as well as Iranian so no company without licenses and correct paperwork would touch it unless you move it enough to hide the origin. In the end they all know where it comes from but like the plausible deniability. Most Venezuelan oil is very heavy and sour and needs to be mixed with lighter oil to be refined and they need access to restricted chemicals for the process. As it was explained to me a few months ago Iran provides lighter oil, solvents and materials for the refining and they take the heavier oil to sell it in the black market. Sanctions aside the tanker was there for the taking by any government. Spoofing location and flying a false flag are enough to justify boarding and seizure by any country since it's a stateless ship likely involved in illegal activities. In short yes, USA does it because it can and there's legal justification for it beyond "Trump oil, Trump bad lel", but as usual HN devolves to a potato when world events touch USA politics.