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Shares Meander, Oil Jumps on Venezuela Blockade

Summary by tv360nigeria.com
The Venezuelan government has sharply criticised a newly announced US oil blockade, describing it as “utterly irrational” and a direct threat to the country’s economic survival. In a strongly worded statement released on Tuesday, the government of President Nicolás Maduro accused US President Donald Trump of seeking to unlawfully seize Venezuela’s national resources through coercive measures. “The President of the United States intends to impose…

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Analysts have made projections of further dynamics.

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The political organization described the announcement as a violation of international law that seeks to steal the natural resources belonging to the Venezuelan people.

Contrary to what Trump said, The State Department assured EL TIME that it will not declare the Maduro government a terrorist organization.

Venezuela classified the blockade as "irractional" and "grotessy" to the penalized oil carriers that carry oil from and to the country, announced by US President Donald Trump on this Wednesday (16). The decision of Trump is the military move he has ordered since August in the Caribbean and the Pacific, under the argument to combat drug trafficking. Caracas claims that military maneuvers are actually seeking to force a “regime change” to adapt to…

·Brazil
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Folha de S.Paulo broke the news in São Paulo, Brazil on Wednesday, December 17, 2025.
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