Trump orders blockade of ‘sanctioned oil tankers’ into Venezuela, declares regime ‘terrorist organization’
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U.S. President Donald Trump said Tuesday he is ordering a blockade of all “sanctioned oil tankers” into Venezuela, ramping up pressure on the country’s authoritarian leader Nicolás Maduro in a move that seemed designed to put a tighter chokehold on the South American country’s economy.
The escalation comes after U.S. forces last week seized an oil tanker off Venezuela’s coast, an unusual move that followed a buildup of military forces in the region. In a post on social media Tuesday night announcing the blockade, Trump alleged Venezuela was using oil to fund drug trafficking and other crimes and vowed to escalate the military buildup.
“Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America,” Trump said in a post on his social media platform. “It will only get bigger, and the shock to them will be like nothing they have ever seen before — until such time as they return to the United States of America all of the Oil, Land, and other Assets that they previously stole from us.”
He also said he was designating the Venezuelan regime “a FOREIGN TERRORIST ORGANIZATION.”
In a statement, Venezuela’s government said it rejected Trump’s “grotesque threat.”
Democratic Representative Joaquin Castro called the blockade “unquestionably an act of war.”
“A war that the Congress never authorized and the American people do not want,” Castro added on X.
WATCH | U.S. seizes oil tanker off Venezuela:
Trump confirms U.S. seized oil tanker off Venezuela
The U.S. has seized an oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, ratcheting up tensions with Caracas.
Pentagon officials referred all questions about the post to the White House.
The buildup has been accompanied by a series of military strikes on boats in international waters in the Caribbean and eastern Pacific.
The campaign, which has drawn bipartisan scrutiny among U.S. lawmakers, has killed at least 95 people in 25 known strikes on vessels.
The Trump administration has said the campaign is about stopping drugs headed to the U.S., but Trump’s chief of staff Susie Wiles appeared to confirm in a Vanity Fair interview published Tuesday that the campaign is part of a push to oust Maduro. Wiles said Trump “wants to keep on blowing boats up until Maduro cries uncle.”
The Trump administration has defended the campaign as a success, saying it has prevented drugs from reaching American shores, and it pushed back on concerns that it is stretching the bounds of lawful warfare.
Most Venezuelan oil goes to China
Venezuela, which has the world’s largest proven oil reserves and produces about one million barrels a day, has long relied on oil revenue as a lifeblood of its economy.
Since the Trump administration began imposing oil sanctions on Venezuela in 2017, Maduro’s government has relied on a shadowy fleet of unflagged tankers to smuggle crude into global supply chains.
The state-owned oil company Petróleos de Venezuela S.A., commonly known as PDVSA, has been locked out of global oil markets by U.S. sanctions. It sells most of its exports at a steep discount on the black market in China.
Francisco Monaldi, a Venezuelan oil expert at Rice University in Houston, said about 850,000 barrels of the one million produced daily is exported. Of that, he said, 80 per cent goes to China, 15 to 17 per cent goes to the U.S. through Chevron Corp., and the remainder goes to Cuba.
WATCH | What is Trump’s endgame with Venezuela?:
Trump’s Venezuela endgame: ‘This could be very ugly’
After a series of attacks on alleged ‘narco traffickers’ off Venezuela, the U.S. has deployed its largest aircraft carrier to the region. For The National, CBC’s Eli Glasner explains why President Trump’s show of force may go far beyond fighting drugs.
It wasn’t immediately clear how the U.S. planned to enact what Trump called a “TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela.”
But the U.S. Navy has 11 ships, including an aircraft carrier and several amphibious assault ships, in the region.
Those ships carry a wide range of aircraft, including helicopters and V-22 Ospreys. Additionally, the navy has been operating a handful of P-8 Poseidon maritime patrol aircraft in the region.
All told, those assets give the military significant ability to monitor marine traffic coming in and out of the country.
