US Treasury Sanctions Mexican Cartel Over Fuel Theft

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Cartel de Santa Rosa de Lima (CSRL), a Mexican cartel that derives most of its illicit revenue from oil and fuel theft operations, the Treasury said in a statement on Dec. 17.
The department, said CSRL’s fuel theft operation is based in the central Mexican state of Guanajuato.
“The violent conflict between CSRL and the notorious Mexican terrorist Cartel Jalisco Nuevo Generacion (CJNG) for control of fuel and oil in Guanajuato has made the state one of the deadliest in Mexico,” the department said.
“CSRL’s activities also help enable a cross-border energy black market, undermine legitimate U.S. oil and natural gas companies, and deprive the Mexican government of critical revenue.”…