On Tuesday, Dec 16, U.S. President Donald Trump ordered a sweeping blockade on all sanctioned oil tankers entering and leaving Venezuela. Announced via Truth Social, the move marks a dramatic escalation in U.S.-Venezuelan tensions.
"For the theft of our Assets, and many other reasons, including Terrorism, Drug Smuggling, and Human Trafficking, the Venezuelan Regime has been designated a FOREIGN TERRORIST ORGANIZATION," Trump wrote. "Therefore, today, I am ordering A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela."
This measure comes just a week after U.S. forces seized a sanctioned oil tanker off the coast of Venezuela. Experts say the blockade could send oil prices swinging and tighten supply chains for refineries across the Americas. 🛢️📉
Energy analysts warn that shipping delays and rerouted cargoes may push global prices higher, while investors watch for shifts in OPEC+ dynamics. Latin American nations that rely on Venezuelan fuel imports are bracing for potential shortages and price spikes.
On social media, reactions have been mixed. Some praise the crackdown as a tough stance on illicit trade, while others worry about humanitarian impacts on Venezuelan residents already facing hardship.
As the world monitors the unfolding situation, keep an eye on market updates and regional responses. This story is still developing… stay tuned! 🌍✨
Reference(s):
Trump blocks 'sanctioned oil tankers' leaving, entering Venezuela
cgtn.com
