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Venezuela shipments test US maritime sanctions resolve

Exports are now less than 530,000 barrels per day, less than a third of the levels seen pre-sanctions, while the country’s main gasoline-producing refinery is no longer operable

A product tanker that discharged gasoline in Venezuela last month remains flagged by Liberia and under UK-based protection and indemnity cover. Elsewhere, four Iranian-flagged tankers are heading to Venezuela laden with the light distillate

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