Treasury Department
US Imposes New Sanctions on Maduro Family Members and Venezuelan Oil Shipments Under Trump Administration
Dec 12, 2025 05:56 am CST
The United States has expanded sanctions against Venezuelan President Nicolás Maduro's inner circle, targeting three of his nephews, a Panamanian businessman, six companies, and six Venezuelan oil vessels. This action follows President Trump's announcement of seizing a Venezuelan oil tanker and comes amid escalating US operations against alleged drug trafficking operations in Caribbean waters.
US Treasury Sanctions Over 50 Entities Including Indian Nationals for Iranian Oil Trade Violations
Oct 10, 2025 09:56 am CST
The US Treasury Department has imposed sanctions on more than 50 individuals, entities, and vessels involved in Iranian oil and LPG trading, including three Indian nationals. These sanctions target networks enabling billions in Iranian petroleum exports that fund terrorist activities. Treasury Secretary Scott Bessent stated the measures aim to dismantle Iran's energy export operations under the Trump Administration.