Evidence from credible sources supports the statement as accurate. Learn more in Methodology.
Treasury and State documentation cite E.O. 13850 as the legal authority for the designations and a Treasury press release is published describing the action.
A December 31, 2025 U.S. State Department release titled "Sanctioning Oil Traders Funding Maduro's Corrupt Regime" states that "Today’s action is being taken pursuant to Executive Order (E.O.) 13850" and directs readers to "the Department of the Treasury’s press release" for more information, confirming the first part of the claim. On the same date, the U.S. Department of the Treasury issued a press release, "Treasury Targets Oil Traders Engaged in Sanctions Evasion for Maduro Regime," describing OFAC sanctions on four companies operating in Venezuela’s oil sector under E.O. 13850, which matches the action referenced by State. Therefore, the statement that the action was taken pursuant to Executive Order 13850 and that Treasury issued a related press release is accurate based on official U.S. government publications, so the verdict is True.