Donald Trump has ordered a blockade of sanctioned oil tankers entering and leaving Venezuela, thereby intensifying pressure on Nicolas Maduro's government. Trump stated that Venezuela is "completely surrounded" by an American military fleet, which could lead to an escalation of tensions in the region.
The measure aims to affect Venezuela's main source of income, which is already facing a severe economic crisis. Although oil production has decreased by about 70% in the last 25 years, the blockade could further destabilize the country in the short term. Venezuela has condemned the actions as a serious threat to its sovereignty, while the price of American oil has increased by 1.7%, reflecting the impact of these measures on global markets.
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