The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned Bluwaves Properties Limited. The company is reportedly linked to American businessman Harry Sargeant III. This action involves the blocking of assets related to the firm. OFAC’s move targets entities involved with Venezuela’s oil sector, aiming to restrict financial dealings. Details regarding the specifics of Bluwaves Properties’ connection to Venezuelan oil remain limited in the initial report. The sanctions reflect ongoing U.S. efforts to exert economic pressure on Venezuela. This enforcement action was reported by TalCual.