VenEx 500+ Growth Amid Sanctions: Venezuela’s Ghost Fleet Strategy

Venezuela’s oil exports have taken a significant leap despite stringent US sanctions. Through a strategic deployment of a ‘ghost fleet’ of tankers, Venezuelan oil sanctions are being circumvented effectively. This innovative move is not only boosting Venezuela’s crude oil exports but is also impacting the global oil market significantly. With Japan closely monitoring the situation, this development is shaping new geopolitical and economic landscapes.