Two Supertankers, 3.8 Million Barrels, One Big Question: Can Venezuela Still Export?

Key Points Venezuela cleared two VLCC supertankers to leave José for China carrying about 1.9 million barrels each of Merey heavy crude. The sailings follow a U.S. tanker seizure last week and a warning that ships already on U.S. sanctions lists will not be allowed to depart Venezuelan waters. Discounts are widening and shipping is […]