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Oil Tankers Trump Seized Cost U.S. Millions of Dollars

March 13, 2026 · 3:15 pm ET · Leave a Comment

New York Times: “The seizures have put the U.S. government in a financial bind. The ships are highly expensive to maintain. And the Trump administration cannot legally sell their oil without a judge’s permission.”

“Maintaining the seized tankers has already cost the United States tens of millions of dollars — in one case, $47 million in only three months — and complicates Mr. Trump’s claims of swift financial victories from his military operations targeting Venezuela and Iran.”

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