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Sanctioned Venezuelan crude starts flowing into US

First tanker to discharge Venezuelan crude in the wake of US sanctions suggests that some cargoes are now moving, with cash being funnelled to accounts earmarked for any interim Venezuelan government, however widespread confusion remains in tanker markets about Venezuela-chartered vessels

Lloyd’s List has tracked at least $319m worth of Venezuelan crude cargoes currently heading to US-Gulf on five tankers, intensifying pressure on PDSVA

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