Greek owners curb Venezuelan oil shipments, keeping exports at 80-year low
Exports from Venezuela have plunged to an average 270,000 barrels per day over the last three months, according to Lloyd’s List Intelligence analysis. That is half levels seen in May, the last month before the US Office of Foreign Assets Control placed four Greek tankers on its Specially Designated Nationals List
Greek-owned tankers are still shipping Venezuelan crude, but in much smaller volumes and only to European or Indian refineries, as part of diesel-for-crude swaps
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