President Donald Trump announced Wednesday that the U.S. had seized an oil tanker off the coast of Venezuela, elevating the likelihood of a disruption that could raise costs within the oil and energy sector for Americans — under certain conditions. The seizure of the oil tanker signifies a major escalation with Venezuela and exerts even more pressure on Caracas, which already is subjected to U.S. oil sanctions. Meanwhile, the president has discussed for weeks that he's considering conducting land strikes in Venezuela — on top of his strikes against alleged drug boats in Latin American waters —...

1 month ago

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