U.S. forces have intercepted another oil tanker in the Caribbean Sea, continuing their campaign against vessels transporting sanctioned oil from Venezuela. The operation took place in the early hours of Friday, executed by Marines and Navy personnel from the USS Gerald R. Ford. This action highlights the U.S. military’s enhanced presence in the Caribbean, aimed at enforcing maritime security.
Details of the Interception
The tanker, named Olina, was reportedly attempting to evade U.S. forces. The U.S. Southern Command emphasized that it recognizes no safe haven for illegal activities. After the military boarded the vessel, the Coast Guard assumed control.
Video Evidence and Context
Unclassified footage shared by Homeland Security Secretary Kristi Noem revealed U.S. personnel searching the deck and disposing of what appeared to be an explosive device near a door onboard. In her statements, Noem described the Olina as part of a “ghost fleet” suspected of transporting embargoed oil from Venezuela.
Background on the Olina
- The Olina is the fifth tanker seized by U.S. forces amid ongoing efforts to disrupt Venezuela’s oil exports.
- Prior to its current name, the ship was listed as the Minerva M and faced sanctions for transporting Russian oil.
- Originally flagged in Panama, it is now recorded as flying the flag of Timor-Leste, which is considered invalid due to its false registration.
- Ownership of the ship changed in July to a company based in Hong Kong.
The last known location of the Olina was charted in November, situated north of the Venezuelan coast. Since then, it has ceased transmission of its location.
Strategic Implications
The Trump administration views these seizures not only as enforcement measures but also as financial strategies to support U.S. interests in Venezuela. They plan to sell between 30 million to 50 million barrels of sanctioned Venezuelan oil, with proceeds aimed at benefiting both nations.
Economic Aspects
The Olina can carry a maximum of 890,000 barrels of oil. At current market prices of approximately $60 per barrel, a full load could be valued at around $53 million. President Trump is actively engaging with oil executives to advance a $100 billion investment plan to enhance Venezuela’s oil infrastructure.
This ongoing situation demonstrates the U.S. government’s commitment to influencing the Venezuelan oil market amidst broader geopolitical objectives.
