Credited from: CHANNELNEWSASIA
In a significant escalation of military and political pressure, US President Donald Trump announced a “total and complete blockade” of all sanctioned oil tankers entering or leaving Venezuela. In a post on his social media platform Truth Social, Trump stated, “Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America,” emphasizing that the military force will only grow until Venezuela returns all "Oil, Land, and other Assets that they previously stole from us," according to SCMP and ABC News.
This blockade, part of a broader strategy to dismantle what the Trump administration labels as "illicit oil shipping networks," represents a bold assertion of American military and economic power. The US has already conducted military strikes against vessels allegedly engaged in drug trafficking, with at least 95 fatalities reported since early September, according to AA and India Times.
In a climate of mounting tensions, Venezuelan President Nicolás Maduro responded vehemently against the blockade, warning of the potential for a "new Vietnam." Maduro has accused the US of seeking to create chaos comparable to past conflicts in Libya, Iraq, and Panama. He labeled the US actions as “psychological terrorism” and “piracy," fundamentally contesting Trump’s claims of a “foreign terrorist organization” designation for his regime, as reported by AA and AA.
The implications of the blockade disrupt not only Venezuela's fragile oil-dependent economy but also might trigger wider geopolitical repercussions, particularly within Latin America. Analysts have noted that any significant reduction in Venezuelan oil exports could lead to rising oil prices globally, further exacerbating the economic situation not only in Venezuela but also for dependent regional economies. Trump's blockade has resulted in increased scrutiny from both domestic and international lawmakers regarding the extent and legality of military action against a sovereign nation, as detailed by Channel News Asia.
Critically, Trump's claim of reclaiming “stolen” assets underscores a historical assertion involving nationalized American oil interests, complicating the narrative surrounding U.S. intervention in Venezuela's internal affairs. Prominent both in political discussions and the media, the classification of Venezuela’s leadership as a “foreign terrorist organization” raises questions about the justification for military actions, as highlighted by Los Angeles Times and Channel News Asia.