At least four Venezuelan tankers back home as US pressures and oil negotiations progress | World News

At least four Venezuelan tankers back home as US pressures and oil negotiations progress

Reuters |
Published on: Jan 10, 2026 07:23 PM IST

Venezuela is negotiating a $2 billion oil supply deal, with US licenses granted to trading houses for exports.

At least four tankers, most of them loaded, that had departed from Venezuela in early January in 'dark mode' - or with their transponders off amid a strict U.S. blockade - are now back in the South American country's waters, according to state company PDVSA and monitoring service TankerTrackers.com.

A flotilla of about a dozen loaded vessels and at least three other empty ships left Venezuelan waters last month in apparent defiance of an embargo imposed by US President Donald Trump since mid-December.(REUTERS file photo)
A flotilla of about a dozen loaded vessels and at least three other empty ships left Venezuelan waters last month in apparent defiance of an embargo imposed by US President Donald Trump since mid-December.(REUTERS file photo)

A flotilla of about a dozen loaded vessels and at least three other empty ships left Venezuelan waters last month in apparent defiance of an embargo imposed by U.S. President Donald Trump since mid-December, which has dragged down the country's oil exports to minimum.

One of the ships, the Panama-flagged supertanker M Sophia, was intercepted and seized by the U.S. this week when returning to the country; while another, the Aframax tanker Olina with a flag from Sao Tome And Principe, was intercepted but released to Venezuela on Friday, state company PDVSA said.

Three more of the vessels that had departed in that flotilla, Panama-flagged Merope, Cook Islands-flagged Min Hang and Panama-flagged Thalia III, were spotted by Tankertrackers.com in Venezuelan waters late on Friday through satellite images.

U.S. authorities had said on Friday that Olina -previously known as Minerva M - would be freed. The next step for the country, which remains under strict U.S. supervision after it captured and extracted President Nicolas Maduro last week, would be the beginning of organized crude exports as part of a $2 billion oil supply deal Caracas and Washington are negotiating, they said.

In a meeting with top oil company executives on Friday, U.S. President Donald Trump said arrangements for the supply had progressed. Global trading houses Vitol and Trafigura received this week the first U.S. licenses to negotiate and carry Venezuela's exports, and naphtha supplies to the OPEC country also are expected, sources said.

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