US Slaps Sanctions on Maduro's Nephews Amid Escalating Pressure Campaign
In a move aimed at exerting further pressure on Venezuelan President Nicolás Maduro, the US government has imposed sanctions on three of his nephews, along with six companies accused of transporting Venezuelan oil.
According to sources close to the matter, Franqui Flores, Carlos Flores, and Efrain Campo are now facing restrictions that deny them access to any property or financial assets held in the United States. This means American companies and citizens will be prohibited from doing business with them, putting banks and financial institutions at risk of sanctions if they fail to comply.
The latest move comes on the heels of a significant escalation in US actions against Venezuela. Just yesterday, President Donald Trump announced that the US had seized an oil tanker off the coast of Venezuela, further solidifying its stance against the South American nation.
This development is not the first time Maduro's family has been entangled in a high-stakes game of politics. In October 2022, Venezuela released seven imprisoned Americans in exchange for the release of Flores and Campo, who had been jailed for years on narcotics convictions.
The US's actions have been criticized as excessive, with at least 87 people killed in deadly strikes conducted by the US in the Caribbean Sea and eastern Pacific Ocean since early September. Trump has justified these attacks as necessary to stem the flow of drugs into the United States, insisting that the US is engaged in an "armed conflict" with drug cartels.
As tensions between the two countries continue to rise, it remains to be seen how Venezuelan President Maduro will respond to this latest development. One thing is certain, however: the sanctions on his nephews are a clear indication of the growing pressure campaign aimed at bringing about significant change in Venezuela.
In a move aimed at exerting further pressure on Venezuelan President Nicolás Maduro, the US government has imposed sanctions on three of his nephews, along with six companies accused of transporting Venezuelan oil.
According to sources close to the matter, Franqui Flores, Carlos Flores, and Efrain Campo are now facing restrictions that deny them access to any property or financial assets held in the United States. This means American companies and citizens will be prohibited from doing business with them, putting banks and financial institutions at risk of sanctions if they fail to comply.
The latest move comes on the heels of a significant escalation in US actions against Venezuela. Just yesterday, President Donald Trump announced that the US had seized an oil tanker off the coast of Venezuela, further solidifying its stance against the South American nation.
This development is not the first time Maduro's family has been entangled in a high-stakes game of politics. In October 2022, Venezuela released seven imprisoned Americans in exchange for the release of Flores and Campo, who had been jailed for years on narcotics convictions.
The US's actions have been criticized as excessive, with at least 87 people killed in deadly strikes conducted by the US in the Caribbean Sea and eastern Pacific Ocean since early September. Trump has justified these attacks as necessary to stem the flow of drugs into the United States, insisting that the US is engaged in an "armed conflict" with drug cartels.
As tensions between the two countries continue to rise, it remains to be seen how Venezuelan President Maduro will respond to this latest development. One thing is certain, however: the sanctions on his nephews are a clear indication of the growing pressure campaign aimed at bringing about significant change in Venezuela.