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Trump: "We had to make a decision immediately" News

WASHIGNTON – The United States sanctioned a subsidiary of the Russian state-owned company Rosneft on Thursday for assistance in the transportation and sale of Venezuelan oil.

TNK Trading International (TTI), a brokerage company based in Switzerland, is the second US-sanctioned company in the Kremlin. so far this year due to his dealings with the Nicolás Maduro regime.

"TNK Trading International S.A. It is another Rosneft subsidiary that manages the sale and transportation of Venezuelan crude oil that is subject to sanctions, "Treasury Secretary Steven Mnuchin said in a statement.

According to Tesoro, TTI bought almost 14 million barrels of crude oil from PDVSA in January 2020.

The company "is involved in the trading, processing and transportation of raw materials, particularly crude oil and petroleum products," the department said in a statement.

A month ago, the Treasury Department sanctioned Ronseft Trading, another subsidiary of the Russian oil company, which also helped trade in Venezuelan crude oil and evaded US sanctions. to PDVSA.

Socialist leader Nicolás Maduro described the US strategy on Thursday. a "persecution".

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“The persecution of oil export ships is brutal; It is the only country in the world that hunts ships. It threatens the countries that will buy from us, "said Maduro at a press conference.

Russia is one of the main allies of the Venezuelan regime and supports Maduro politically and financially.

According to the Reuters agency, Rosneft is the most important Venezuelan crude oil trader and acquires more than half of the country's oil exports.

Companies that do business with TKN Trading have 90 days (until May 20) to cancel their contracts, according to Tesoro.

Source: Voice of America

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