Spain’s Oil Imports From Venezuela Jump 60% Ahead of U.S. Sanctions

Venezuela is rich in oil, but internationally isolated. Nevertheless, its oil has been released from the world market so far. The US government wants to put an end to this.

Spain’s Oil Imports From Venezuela Jump 60% Ahead of U.S. Sanctions

Spain imported 59% higher volumes of crude oil from Venezuela in January and February compared to the same period of 2024, Spanish statistics data showed, as the Trump Administration’s deadline for the new sanctions on Venezuela approaches. Spain’s crude oil imports from Venezuela jumped to 449,000 tons in January and February 2025, up from 283,000 tons imported in the same months last year, Reuters reported on Friday, citing data by the Spanish…

Spain would have made a significant increase in the import of Venezuelan oil during the months of January and February of this year, just before the sanctions imposed by the Donald Trump administration against the government of Nicolás Maduro came into effect. According to data published on Friday, April 4, by Cores, an arm of the Spanish Ministry of Energy and Environment, in the first two months of 2025, Spain imported 449,000 tons of crude oi…

After the secondary sanctions of 25 percent that the Trump administration has imposed, since the 2nd of this month, on countries that acquire oil and its derivatives from Venezuela, to whom will it sell the 333 thousand barrels of oil that China bought, the 260,000 that the United States bought from it and the 65,000 that it had contracted with India?The entry Orlando Zamora: Venezuela cannot get out of the Gordian knot that the Trump #5Apr admi…

First, it was the onslaught of bringing natural gas from Venezuela, at a time when Colombia had gone from abundance to the scarcity of this energy.

Between January and February of this year, Venezuela’s oil exports to Spain increased by approximately 59% over the same period of 2024, as the key deadline for sanctions set by the administration of US President Donald Trump approaches. In the first two months of 2025, Spain imported [...] Entry Reuters: Between January and February Venezuela’s oil exports to Spain increased 59% was first published in Focus Informative.