The U.S. has imposed new sanctions on four companies and associated oil tankers operating in Venezuela's oil sector, significantly reducing oil exports to about half of their November levels. The sanctions have led to an accumulation of residual fuel in Venezuela's storage tanks, forcing state-run PDVSA to explore extreme measures to avoid shutting down refining units. Despite the blockade, some tankers continue to arrive in Venezuela, indicating ongoing efforts to manage storage and maintain crude sales.
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