US slaps new sanctions on Iranians for Venezuela trade

Trump administration is seeking to block Iran’s energy trade and to bring down Venezuelan President Nicolas Maduro.

Mike Pompeo
Secretary of State Mike Pompeo speaks during a news briefing at the State Department in Washington, DC. Pompeo announced new US sanctions against Iran on Wednesday [File: Nicholas Kamm/AP Photo]

The United States on Wednesday imposed sanctions on five Iranian ship captains who had delivered oil to Venezuela, and US Secretary of State Mike Pompeo reaffirmed the Trump administration’s backing for Venezuelan opposition leader, Juan Guaido.

Speaking at a news conference at the US State Department, Pompeo said the ships delivered approximately 1.5 million barrels of Iranian gasoline and related components, and warned any mariners against doing business with the government of Venezuelan President Nicolas Maduro, whose removal Washington wants.

“As a result of today’s sanctions, these captains’ assets will be blocked. Their careers and prospects will suffer from this designation,” Pompeo said in a statement later. “Mariners who are considering work with Iran and Venezuela should understand that aiding these oppressive regimes is simply not worth the risk.”

The Trump administration, which is seeking to block Iran’s energy trade and to bring down Maduro, has threatened reprisals and warned ports, shipping companies and insurers against facilitating the tankers.

The OPEC member’s exports are hovering near their lowest levels in more than 70 years and the economy has collapsed, but Maduro has held on – to the frustration of the administration of US President Donald Trump.

Iran has since April sent five tankers totalling about 1.5 million barrels to the government of fuel-starved Venezuela, though the shipments have done little to alleviate hours-long lines at gas stations.

Source: News Agencies