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President Donald Trump is willing to seize more oil tankers off the coast of Venezuela, a White House official told CNBC on Thursday.
The U.S. seized a tanker on Wednesday that had allegedly transported oil from Venezuela to Iran. The action comes as Trump escalates pressure on President Nicolás Maduro.
The White House official told CNBC that the Trump administration is always looking to enforce the law.
The oil market has been focused on Ukraine peace talks and so far is not indicating a risk of a major supply disruption. U.S. crude oil fell 86 cents, or 1.47%, to close at $57.60 a barrel. Global benchmark Brent settled at $61.28, down 93 cents, or 1.49%.
Sources told Reuters ear

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