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Home»Economy»US Treasury Department imposes sanctions on Mexican fuel theft network it links to CJNG cartel
Economy

US Treasury Department imposes sanctions on Mexican fuel theft network it links to CJNG cartel

ForelinesBy ForelinesMay 1, 2025Updated:May 1, 20252 Mins Read
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Treasury secretary, Scott Bessent
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, speaks as he testifies during a Senate Committee on Finance confirmation hearing on Capitol Hill in Washington, U.S., January 16, 2025. (REUTERS/Kevin Lamarque)
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On Thursday, the United States Treasury Department enforced sanctions on two entities and three Mexican citizens it stated are engaged in a drug trafficking and oil smuggling network connected to the Cartel Jalisco Nueva Generacion gang.

U.S. officials mention that CJNG is one of the two key Mexican drug gangs, along with the Sinaloa Cartel, accountable for pushing fentanyl onto United States streets over the last few years.

The U.S. Treasury enforced sanctions on toxic materials transportation companies Servicios Logisticos Ambientales and Grupo Jala Logistica, stating that they have transferred fuel and crude oil between Mexico and the U.S. on behalf of people connected to Mexican cartels.

The network produces hundreds of millions of dollars yearly benefiting CJNG, through fentanyl trafficking, fuel theft, and smuggling illicit crude oil from Mexico over the southwest border, according to Treasury.

“Fuel theft and crude oil smuggling are cash cows for CJNG’s narco-terrorist enterprise, providing a lucrative revenue stream for the group and enabling it to wreak havoc in Mexico and

the United States,” according to Scott Bessent Treasury Secretary. Scott Bessent stated the U.S. would use all accessible tools to counter the cartels.

The U.S. President Donald Trump administration in February designated CJNG as a foreign terrorist organization and especially designated international terrorist.

The sanctions block all United States property and interests of the people and entities and restricts Americans from any exchanges with them. (Forelines)

CJNG drug trafficking Mexican oil smuggling network sanctions Scott Bessent Treasury Department US
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