HomeEnergyVENEZUELAN GOVT. SLAMS US OIL BLOCKADE AS " IRRATIONAL".

VENEZUELAN GOVT. SLAMS US OIL BLOCKADE AS ” IRRATIONAL”.

The Venezuelan government strongly criticized Washington on Tuesday following US President Donald Trump’s announcement of a blockade targeting sanctioned oil tankers entering and leaving the country. Caracas warned that the move could severely damage the nation’s already fragile economy.

In a statement, President Nicolás Maduro’s administration accused the United States of attempting to “steal the riches of our homeland” through what it described as an “utterly irrational” naval blockade.

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The announcement marks a sharp escalation in US efforts to pressure Venezuela, coming alongside new demands for access to the country’s crude oil. For months, the US has been increasing its military presence in the Caribbean, citing the fight against Latin American drug trafficking, while focusing particular attention on Venezuela.

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