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Today — 12 December 2025Main stream

What Does the Oil Tanker Seizure Mean for Venezuela’s Economy?

12 December 2025 at 04:23
Seizures of more tankers could put a stranglehold on Venezuela’s economy, which is exceptionally dependent on oil to keep the government running and pay for basic necessities.

© Adriana Loureiro Fernandez for The New York Times

An oil tanker docked at Cardon Refinery in Venezuela, in 2021.
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