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Venezuela Warns US Naval Blockade Could Destabilize Global Markets

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The Venezuelan government has issued a warning regarding the recent naval blockade imposed by the United States on sanctioned oil tankers entering or leaving the country. President Nicolás Maduro's letter, read by Foreign Minister Yván Gil, claims that the blockade threatens global energy supplies and could lead to increased market instability. Maduro condemned the interception of two vessels carrying approximately four million barrels of Venezuelan oil, labeling these actions as aggressive and detrimental not only to Venezuela but to international markets as well. He urged regional leaders and international organizations to take action against what he described as unilateral use of force and piracy, warning that such actions could escalate into a global confrontation. The blockade has already resulted in a significant drop in oil shipments from Venezuela, with many tankers now only transporting within national ports.

Key Details: • US blockade targets sanctioned oil tankers from Venezuela. • Two vessels with four million barrels of oil intercepted. • Oil shipments from Venezuela have decreased significantly. • Maduro calls for international action against US aggression.

venezuela us-blockade oil-supply global-markets nicolas-maduro

People & Organizations

VenezuelaNicolás MaduroYván GilCaribbean

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