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Venezuela-Bound Oil Tankers Turn Back to Asia

Published January 12, 2026, 19:12
Venezuela-Bound Oil Tankers Turn Back to Asia

Two Chinese-flagged supertankers that were heading to Venezuela to load crude oil have reversed course and are returning to Asia. This move is linked to the US embargo on Venezuela and the political crisis following the arrest of Nicolas Maduro. The vessels, used to transport oil as repayment for Venezuela's debt to China, had been anchored in the Atlantic for weeks awaiting instructions.