OFAC lists & delists entities transporting oil from Venezuela to Cuba

Designations OFAC has designated 4 entities operating in the oil sector of the Venezuelan economy and has identified 4 vessels “that transport oil and other petroleum products from Venezuela to Cuba as blocked property owned or controlled by the four designated entities” pursuant to Executive Order 13850. Treasury Secretary Steven Mnuchin explained the rationale behind the sanctions stemmed from “Maduro’s …

VenezuelaVenezuela United StatesUnited States

About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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