Senate GOP, Led by Vance Tie-Breaker, Blocks Bid to Rein in Trump’s Venezuela Military Action
The U.S. Senate narrowly blocked a war powers resolution after the military seized two Venezuelan vessels, risking $2 billion to $3 billion in Russia-Venezuela trade, experts said.
- Earlier this week, U.S. forces seized two sanctioned Venezuelan vessels operating in the Caribbean and North Atlantic, putting Russia's investments in Venezuela at risk.
- Amid sweeping Western sanctions and weak oil prices, Roszarubezhneft said earlier this week its Venezuelan assets are "owned by the Russian state" as Russia's war in Ukraine nears its fifth year.
- Analysts note that some $2 billion to $3 billion in annual trade between Russia and Venezuela could cease altogether, and loans for Venezuela's purchase of Russian weapons could face the same fate while demand for arms has diminished.
- By the slimmest margin, the U.S. Senate derailed a resolution limiting military action in Venezuela after U.S. Sen. Todd Young received assurances and Secretary of State Marco Rubio promised updates.
- Sweeping Western sanctions and depressed oil prices are squeezing Russia's revenues as its war approaches its fifth year next month, while the Russian foreign ministry called for Nicolás Maduro's release and dialogue.
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Russia could face costly write-offs in Venezuela on its oil assets and arms loans, think tank analyst says
Russian President Vladimir Putin.Mikhail Metzel/Pool/ AFP/Getty ImagesUS military action in Venezuela puts Russia's investments and long-standing ties with Caracas at risk.Russian oil and arms deals with Venezuela risk losses and uncertainty after the operation.Western sanctions and weak oil prices continue to strain Russia's economy and war funding.Russia could be staring down a painful financial reckoning in Venezuela after the US military ope…
A resolution aimed at limiting President Trump's options to attack Venezuela has been rejected by the US Senate by a narrow vote: 51 to 50. The resolution would have prohibited Trump from carrying out further military actions in Venezuela without Congressional approval. However, Republican senators voted against it on Wednesday. Earlier this week, a narrow majority of the Senate approved the resolution. This would have meant that Trump could not…
Senate GOP, led by Vance tie-breaker, blocks bid to rein in Trump’s Venezuela military action
Vice President JD Vance traveled to Capitol Hill Wednesday night to cast the tie-breaking vote, derailing the measure that would have forced the Trump administration to seek congressional approval for further military force in Venezuela
Vance's tie-breaking vote tanks resolution restricting Venezuela military actions
(The Center Square) – By the slimmest of margins, the U.S. Senate successfully derailed a resolution that would have curtailed the Trump administration’s power to continue military action in Venezuela.
Trump carried out the attack on Venezuela without the approval of the US Congress. In the Senate, the Republicans have no problem.
The initiative was frozen by a narrow margin of votes, amid guarantees from Secretary of State Marco Rubio that there will be no deployment of troops and while Trump resumes political contacts with the Venezuelan leadership.The U.S. Senate rejected on Wednesday a bill that sought to restrict the powers of President Donald Trump to undertake future military actions in Venezuela without the authorization of Congress.The bill was frozen after a vot…
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