WASHINGTON — President Donald Trump's administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers transporting petroleum and announcing plans to relax some sanctions so the U.S. can oversee the sale of Venezuela's petroleum worldwide.
Trump's administration intends to control the distribution of Venezuela's oil products globally following its ouster of President Nicolás Maduro in a surprise nighttime raid, with the Energy Department saying the ''only oil transported in and out of Venezuela'' will be through approved channels consistent with U.S. law and national security interests. That level of control over the world's largest proven reserves of crude oil could give the Trump administration a tight hold on oil supplies globally in ways that could enable it to influence prices.
The seizures of the tankers in the North Atlantic and the Caribbean Sea reflect the Republican administration's determination to enforce an existing oil embargo on Venezuela as Trump has pledged the U.S. will ''run'' the country.
Speaking to reporters on Capitol Hill, Secretary of State Marco Rubio suggested the oil seized by the U.S. with sanctioned vessels would be sold as part of the deal announced by Trump on Tuesday under which Venezuela would provide up to 50 million barrels of oil to the U.S.
''One of those ships that was seized that had oil in the Caribbean, you know what the interim authorities are asking for in Venezuela?'' Rubio said. ''They want that oil that was seized to be part of this deal. They understand that the only way they can move oil and generate revenue and not have economic collapse is if they cooperate and work with the United States.''
The press office for Venezuela's government did not immediately respond to an Associated Press request for comment on the seizures.
Seizing 2 more vessels
U.S. European Command announced in a social media post the merchant vessel Bella 1 was seized in the North Atlantic for ''violations of U.S. sanctions." The U.S. had been pursuing the tanker since last month after it tried to evade a blockade on sanctioned oil vessels around Venezuela.