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    Home > Finance > Exclusive-US handing over seized tanker to Venezuela, officials say
    Finance
    Exclusive-US handing over seized tanker to Venezuela, officials say

    Published by Global Banking and Finance Review

    Posted on January 28, 2026

    1 min read

    Last updated: January 28, 2026

    Exclusive-US handing over seized tanker to Venezuela, officials say - Finance news and analysis from Global Banking & Finance Review
    Tags:Presidentfinancial sectorinternational financial institution

    Quick Summary

    The US has returned a seized tanker to Venezuela, marking the first known instance of such an action by the Trump administration, involving the M/T Sophia.

    Exclusive-US handing over seized tanker to Venezuela, officials say

    US Transfers Tanker to Venezuela

    WASHINGTON, Jan 28 (Reuters) - The United States is handing over a tanker to Venezuela that it seized earlier this month, two U.S. officials told Reuters on Wednesday, the first known instance where President Donald Trump's administration has returned such a tanker.

    The officials, who were speaking on the condition of anonymity, said the tanker that is being handed to Venezuelan authorities was the Panama-flagged supertanker M/T Sophia. They did not say why the tanker was returned.

    The U.S. Coast Guard, which leads interdiction and seizure operations, did not immediately respond to a request for comment.

    Details of the Seizure

    (Reporting by Idrees Ali and Phil Stewart; Editing by Chris Reese)

    Key Takeaways

    • •US hands over seized tanker to Venezuela.
    • •Tanker identified as Panama-flagged M/T Sophia.
    • •First known return by Trump administration.
    • •US Coast Guard involved in operations.
    • •Officials spoke under anonymity.

    Frequently Asked Questions about Exclusive-US handing over seized tanker to Venezuela, officials say

    1What is a tanker?

    A tanker is a large vessel designed to transport liquids, such as oil or chemicals, across oceans and seas.

    2What is the U.S. Coast Guard?

    The U.S. Coast Guard is a maritime security organization responsible for enforcing laws, conducting search and rescue operations, and maintaining navigational aids in U.S. waters.

    3What is a supertanker?

    A supertanker is a large oil tanker that can carry vast quantities of crude oil or petroleum products, typically over 200,000 deadweight tons.

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