After years of a throttled corridor, legitimate Venezuela trade is reopening in stages — and the detail matters. OFAC's general licenses have moved from authorizing crude trade to clearing new ventures, U.S. crude imports have hit multi-year highs, and the politics are contested in Washington. Below: our latest Venezuela stories, the weekly letters that track the lane, and the live sanctions wire.
OFAC's GL 49B moves Venezuela from moving oil to structuring the deals
New-venture authorizations are the leading edge of the next project-cargo wave — and the compliance line that hasn't moved.
Weekly Market Letter — the peak turns; plus the Venezuela route focus & GL 49B
Global rates, Caribbean lanes, and the Venezuela route in full, updated every Friday.
Fuel, Hormuz & the Venezuela risk premium: what shippers should watch
Returning volume vs. contested policy — how the Venezuela risk premium is shifting, and what it means for your rate.
Shipping to Venezuela — Puerto Cabello & La Guaira
Lanes, transit times, risk surcharges and our independent OFAC compliance process.
OFAC finalizes updated Venezuela oil-sector general licenses
Treasury made official a revised set of general licenses broadening authorized oil and petrochemical dealings, including GL 52C covering certain PdVSA transactions.
France seizes tanker last loaded at Guanta, Venezuela
French forces boarded the DF Peak, a suspected Russian shadow-fleet tanker whose previous port was listed as Guanta — a reminder of the compliance stakes on the lane.
See all Venezuela coverage in the newsroom →
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