U.S. sanctions strand Venezuelan oil cargoes on 21 tankers
More than 20 tankers loaded with 9.6 million barrels of Venezuelan oil have anchored off the U.S. Gulf Coast in recent days. Some buyers had purchased the cargoes ahead of U.S. sanctions imposed last week, using the vessels as floating storage. Others weighed how to pay under new rules, according to traders, shippers and data from Refinitiv Eikon.
