The sanctions are expected to make it more difficult for Venezuela to export oil, especially to China and India, exerting further pressure on the tanker market.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) said that it had also designated the chairman of the board of directors and president of Rosneft Trading S.A., Didier Casimiro for his actions linked to Rosneft Trading S.A.
