Venezuela may soon have to start closing some oil wells as it runs low on storage capacity following last week’s tanker seizure and U.S. plans to block other sanctioned vessels, Bloomberg News reported on Wednesday, citing people familiar with the situation
The country’s main oil storage and tankers sitting at its terminals are quickly filling up and may be at maximum capacity in about 10 days, the report said.
Reuters could not immediately confirm the report.
(Reporting by Nilutpal Timsina in Bengaluru; Editing by Chris Reese)