Venezuela Oil Tanker: US Coast Guard Pursuit | NYT

by mark.thompson business editor

MIAMI, December 21, 2025 – The U.S. Coast Guard is actively pursuing an oil tanker, the Bouboulina, suspected of being linked to Venezuela, raising concerns about potential sanctions violations and illicit oil trade in the Caribbean Sea. It’s a geopolitical game of cat and mouse playing out on the waves, and the stakes are higher than just a single shipment of crude.

tanker Chase Highlights Venezuela’s shadow Economy

The Coast Guard’s pursuit underscores the ongoing challenges in curbing Venezuela’s efforts to circumvent U.S. sanctions through clandestine oil shipments.

  • The Bouboulina,flagged in Liberia,is currently being shadowed by the Coast guard cutter Stone.
  • The tanker recently transferred oil to another vessel, the Seahorse, near Trinidad and Tobago.
  • U.S. authorities believe the oil originated in Venezuela and is destined for buyers in Asia.
  • This incident is part of a larger pattern of Venezuela using complex schemes to export oil despite U.S. sanctions.
  • The Coast Guard is working to determine if the tanker’s activities constitute a violation of U.S. law.

What exactly is happening with this tanker? The bouboulina is currently being monitored by the Coast Guard cutter Stone. The agency is gathering evidence to determine if any laws have been broken. The agency is investigating weather the tanker’s crew knowingly participated in a scheme to violate U.S. sanctions. The Bouboulina is owned by a company registered in Liberia, adding another layer of complexity to the inquiry.

Sanctions and the Shadow Fleet

The incident highlights the growing problem of a “shadow fleet” of tankers used to transport sanctioned oil. These vessels often operate with limited transparency, making it challenging to track their movements and identify their owners. The U.S. Treasury Department has previously sanctioned numerous companies and individuals involved in facilitating Venezuela’s oil trade.

the pursuit of the Bouboulina is a reminder that despite the challenges, the U.S. remains committed to enforcing its sanctions against Venezuela. The Coast Guard’s actions send a clear message that those who attempt to circumvent these restrictions will be held accountable.

The Broader Implications

this situation isn’t just about one tanker; it’s about the broader geopolitical implications of Venezuela’s oil exports. The revenue generated from these sales helps to prop up the Maduro regime, allowing it to maintain its grip on power. By disrupting these illicit oil flows, the U.S. hopes to weaken the regime and encourage a transition to democracy.

The Coast Guard’s continued monitoring of the Bouboulina and the Seahorse will be crucial in gathering evidence and building a case against those involved in this suspected sanctions violation. The outcome of this pursuit could have notable consequences for Venezuela’s oil industry and the future of U.S. sanctions policy.

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