-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
-
Equitas Small Finance Bank rebounds after naming interim chief executive
-
Bharti Airtel revenue expected to grow at double-digit pace in second quarter
-
Titan quarterly profit seen rising as jewellery business drives growth
-
Indian crude-sensitive shares gain after 13% oil-price decline
-
Kuwait finance minister holds economic cooperation talks at COMCEC
-
Stocks and dollar fall as Democratic election gains reshape markets
-
82-Year-Old American Transforms 2003 Mercedes Sprinter into Permanent Home
-
Abdul El-Sayed Wins Michigan Senate Seat, Becoming First Muslim in US Congress
-
Abdul El-Sayed declares victory in Michigan Senate contest
-
Kuwait marks key events and anniversaries from national history
-
Democrats capture US Congress in sweeping midterm victory
-
Trump congratulates Democrats and signals willingness to cooperate
-
Manchester United rallies past Roma as PSG dominates in Champions League
-
Enel to Install Solar Panels at Niterói Waste Management Facility
-
Qatar prime minister advances mediation through diplomatic calls
-
Qatar sees tentative opening for renewed regional diplomacy
-
Greenland parliament approves security agreement with United States
-
Qatar Tourism joins Pacific Asia Travel Association at London travel market
-
Qatar envoy meets incoming UN General Assembly president
-
Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
-
Trump Signals Willingness to Work With Democrats After Midterm Defeat
-
Qatar media bodies discuss support for humanitarian initiatives
-
Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17
US slaps sanctions on Maduro relatives as Venezuela war fears build
The US Treasury imposed new sanctions Thursday against three of Venezuelan leader Nicolas Maduro's relatives as well as six companies shipping the South American country's oil.
The move came as the White House said it will bring an oil tanker seized by American forces off the Venezuelan coast to a port in the United States, adding to growing fears of open conflict between the two countries.
Washington took control of the tanker in a dramatic raid that saw US forces rope down from a helicopter onto the vessel in an operation that Homeland Security Secretary Kristi Noem said was aimed at Maduro's "regime."
Treasury officials said three nephews of Maduro’s wife, Cilia Flores, were being slapped with sanctions, labeling two of the men "narco-traffickers operating in Venezuela."
"Nicolas Maduro and his criminal associates in Venezuela are flooding the United States with drugs that are poisoning the American people," Treasury Secretary Scott Bessent said in a statement.
President Donald Trump's administration has been piling pressure on Venezuela for months with a major naval buildup in the region that has been accompanied by strikes on alleged drug-trafficking boats that have killed close to 90 people.
Russian leader Vladimir Putin on Thursday expressed support during a phone call with his ally Maduro, but with Moscow's forces tied down in a grinding war in Ukraine, its capacity to provide aid is limited.
"The vessel will go to a US port and the United States does intend to seize the oil," White House Press Secretary Karoline Leavitt told journalists of the tanker.
"We're not going to stand by and watch sanctioned vessels sail the seas with black-market oil, the proceeds of which will fuel narco-terrorism of rogue and illegitimate regimes around the world."
Earlier on Thursday, Noem told a congressional hearing that the tanker operation was "pushing back on a regime that is systematically covering and flooding our country with deadly drugs" -- a reference to US allegations of narcotics smuggling by Maduro's government.
A video released Wednesday by US Attorney General Pam Bondi showed American forces descending from a helicopter onto the tanker's deck, then entering the ship's bridge with weapons raised.
Bondi said the ship was part of an "illicit oil shipping network" that was used to carry sanctioned oil.
- 'Blatant theft' -
Venezuela's foreign ministry said it "strongly denounces and condemns what constitutes blatant theft and an act of international piracy."
"They kidnapped the crew, stole the ship and have inaugurated a new era, the era of criminal naval piracy in the Caribbean," Maduro said at a presidential event on Thursday, adding: "Venezuela will secure all ships to guarantee the free trade of its oil around the world."
UN Secretary-General Antonio Guterres on Thursday expressed concern over the escalating tensions and urged restraint.
"We are calling on all actors to refrain from action that could further escalate bilateral tensions and destabilize Venezuela and the region," his spokesperson said.
US media reported that the tanker had been heading for Cuba -- another American rival -- and that the ship was stopped by the US Coast Guard.
Dick Durbin, the top Democrat on the Senate Judiciary Committee, said Thursday he questioned the legality of the tanker seizure and that "any president, before he engages in an act of war, has to have the authorization of the American people through Congress."
"This president is preparing for an invasion of Venezuela, simply said. And if the American people are in favor of that, I'd be surprised," Durbin told CNN.
Washington has accused Maduro of leading the alleged "Cartel of the Suns," which it declared a "narco-terrorist" organization last month, and has offered a $50 million reward for information leading to his capture.
Trump told Politico on Monday that Maduro's "days are numbered" and declined to rule out a US ground invasion of Venezuela.
The Trump administration alleges that Maduro's hold on power is illegitimate and that he stole Venezuela's July 2024 election.
Maduro -- the political heir to leftist leader Hugo Chavez -- says the United States is bent on regime change and wants to seize Venezuela's oil reserves.
C.Koch--VB