US EditionTrump: Venezuela must pay for seized US oil assets
The U.S. targets around 30 sanctioned oil tankers to pressure Venezuela to return seized American assets and cut off Maduro's main revenue source, officials said.
- On Wednesday, President Donald Trump demanded Venezuela return assets seized years ago from U.S. oil companies, citing lost U.S. investments as part of his pressure campaign against Nicolás Maduro.
- Venezuela first moved to nationalize its oil industry in the 1970s and expanded expropriations under Hugo Chávez, leading a 2014 international arbitration panel to order $1.6 billion to ExxonMobil.
- U.S. forces last week seized an oil tanker off Venezuela’s coast amid a naval buildup including the U.S. Navy's most advanced aircraft carrier; officials said the announced 'blockade' targets previously sanctioned vessels as some tankers divert.
- Venezuelan Foreign Minister Yván Gil demanded in a letter to the U.N. Security Council that the U.S. release the 'kidnapped crew' and return oil seized on the high seas, while Venezuela’s U.N. ambassador Samuel Moncada called for an emergency meeting accusing the U.S. of ongoing aggression.
- In a Tuesday social media post, President Donald Trump accused Venezuela of using oil to fund drug trafficking and other crimes, while last month the administration designated the Cartel de los Soles and strikes on suspected drug boats have killed at least 99 people.
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President Donald Trump's "blockade" of sanctioned oil tankers off the coast of Venezuela is raising new questions about the legality of his military campaign in Latin America, while also fueling fears that the United States may be moving closer to war.
'Peacemaker' Trump verges on Venezuela war in push to oust Maduro and take supposedly stolen oil
As most readers no doubt know, Donald Trump said on Truth™ Social that Venezuela “stole oil, land, and other assets” from the United States and that the U.S. will take them back. He has also ordered a “total and complete blockade” of sanctioned...
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The objective of Trump's drip-drip Venezuela strategy
President Donald Trump is adopting a positive strategy toward removing Venezuelan dictator Nicolas Maduro from power. By gradually escalating pressure on Maduro’s regime without directly using U.S. military force against it, Trump increases the probability of an internal coup d’etat. Recent days have seen continued U.S. strikes against narco-trafficking boats, the U.S. seizure of a sanctioned oil tanker carrying Venezuelan oil, ongoing flights b…
President Trump Demands Seized Assets Back
President Donald Trump demanded Wednesday that Venezuela return assets that it seized from U.S. oil companies years ago. It backs up his announcement of a “blockade” against oil tankers traveling to or from the South American country that faces American sanctions. “We’re not going to be letting anybody go through who shouldn’t be going through,” […] The post President Trump Demands Seized Assets Back appeared first on www.independentsentinel.com.
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