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Event Brief

US sells sanctioned oil tankers for scrap after Venezuela raid

The U.S. sold two sanctioned oil tankers seized after a Venezuela raid to be demolished in India.
WHO: Global Marketing Systems (GMS)
WHAT: Purchased two sanctioned oil tankers for scrap after U.S. court-ordered sales
WHEN: Reported Aug 10, 2026 at 8:14 PM ET
WHERE: India
WHY: Cause not yet established.
Sources (1): Straits Times

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