Trump Orders Blockade of Some Oil Tankers to and From Venezuela
The move is an escalation of military operations and a pressure campaign against Nicolás Maduro, Venezuela’s leader. But its scope and economic impact are not clear.
The move is an escalation of military operations and a pressure campaign against Nicolás Maduro, Venezuela’s leader. But its scope and economic impact are not clear.
In public, the White House says it is confronting Venezuela to curb drug trafficking. Behind the scenes, gaining access to the country’s vast oil reserves is a priority.
The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.
The United States is escalating its pressure campaign on Venezuela’s leader, Nicolás Maduro, after seizing an oil tanker off the coast.
The tanker was headed eastward and had recently carried Iranian oil. The seizure is an escalation in President Trump’s military pressure campaign against Venezuela’s leader, Nicolás Maduro.
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