The U.S. Treasury Department is sanctioning more individuals and businesses it accuses of being involved in a scheme to smuggle crude oil for a Mexican drug cartel.
Treasury’s Office of Foreign Assets Control says the newly sanctioned individuals and businesses are associated with the Jalisco New Generation Cartel and are involved in the criminal organization’s crude oil theft operations.
The cartel is accused of stealing crude oil from Mexico’s state oil company and smuggling it over the U.S.-Mexico border, where it’s then allegedly delivered to complicit U.S. importers and sold on U.S. and global energy markets.
Fuel smuggling has become one way Mexico’s cartels have diversified their revenue streams apart from drug sales. The Trump administration designated the Jalisco New Generation Cartel as a foreign terrorist organization last year.
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Hundreds of firearms and thousands of ammunition were destroyed on International Firearms Destruction Day at a military base in the Mexican state of Sonora. -
The New World screwworm parasite has been in Mexico for more than a year and a half. Now that it’s crossed the border, the United States could turn south for direction. -
Mexican President Claudia Sheinbaum says her government will “go further” than prior diplomatic notes and calls for investigations as the number of Mexican nationals killed by U.S. immigration officers or dying in custody increases. -
The United States and Mexico will meet for trade treaty negotiations later this month. -
The Trump administration decided not to renew the USMCA trade deal between the U.S., Mexico and Canada. Rather than immediately expiring, the treaty is now subject to ongoing negotiations.
