Kuwait city: The US Treasury Department: has removed sanctions Thursday on a Marshall Islands-registered oil company and a Panama-flagged crude oil tanker previously blacklisted as part of Washington's pressure campaign against Venezuela.

According to Anadolu Agency, the Office of Foreign Assets Control (OFAC) stated that Arctic Voyager Incorporated and its associated vessel, the KIARA M, were removed from its Specially Designated Nationals list without an explanation for the decision.

The sanctions were initially imposed in late 2025 under an executive order targeting Venezuela's oil sector. At the time, OFAC indicated that the Arctic Voyager-owned KIARA M had loaded Venezuelan oil in September and October and was en route to Asia to offload its cargo.

These sanctions were part of a more comprehensive US effort to pressure Venezuelan President Nicolas Maduro, who was captured in a US military operation in early January.