US EditionTrump Blockade Leaves $1 Billion Of Venezuelan Crude Stranded On Tankers
13 Articles
13 Articles
Tensions between the United States and Venezuela have escalated. The United States has imposed a blockade on Venezuela and is preparing for a major attack. Trump has issued an ultimatum to Venezuelan President Maduro to relinquish power, and Maduro has accused the United States of conspiracy.
With the United States blockade of Venezuelan oil vessels, the Bolivarian Republic can only supply oil to Chevron, the only company authorized by the Treasury Department to exploit the Caribbean country’s crude oil. Meanwhile, 17.5 million barrels of crude oil, which means $900 million, are paralysed floating in the Caribbean.
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With the United States blockade of Venezuelan oil vessels, the Bolivarian Republic can only supply crude oil to the company Chevron, the only one authorized by the Treasury Department to exploit the Caribbean country’s crude oil. Meanwhile, 17.5 million barrels of crude, which means $900 million, are paralyzed floating in the Caribbean. Amid the tensions between Washington and Caracas, Chevron juggles to preserve the privilege of being the only …
Although the United States made a new incursion into Venezuelan airspace, as a threat of an attack on ground positions, Washington would bet on blocking the departure of Venezuelan oil vessels by sea, in order to economically asphyxiate Nicolás Maduro's government and force him to leave power.While Donald Trump confirmed that land operations are coming against alleged “drug cartels,” which would include Venezuela, and that “we will now fight on …
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