More Venezuela-Bound Oil Ships U-Turn Amid US Blockade (1)

More oil tankers are turning away from Venezuela as the US threatens to seize vessels transporting oil that helps fund the regime of President Nicolas Maduro.

At least seven ships have reversed course or halted at sea, according to ship movements tracked Friday by Bloomberg. That adds to four others that turned away in the immediate aftermath of US forces boarding the vessel Skipper in mid-December.

US President Donald Trump has accused Venezuela of using oil revenues to fund an array of criminal activities, including drug trafficking and terrorism. As part of Trump’s pressure campaign, US forces have launched ...