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Home Politics

‘We want it back’: Trump asserts U.S. claims to Venezuelan oil and land

December 18, 2025
in Politics
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‘We want it back’: Trump asserts U.S. claims to Venezuelan oil and land
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MEXICO CITY — President Trump’s order of a partial blockade on oil tankers going to and from Venezuela and his declare that Caracas stole “oil, land and different property” from the USA mark a major escalation of Washington’s unrelenting marketing campaign in opposition to the federal government of President Nicolás Maduro.

Requested about Venezuela on Wednesday, Trump stated the USA shall be “getting land, oil rights and no matter we had.”

“We wish it again,” he stated with out additional elaboration. It was unclear whether or not Trump deliberate to say extra about Venezuela in a televised tackle to the nation late Wednesday night time.

The blockade, which goals to cripple the important thing element of Venezuela’s faltering, oil-dependent financial system, comes because the Trump administration has bolstered navy forces within the Caribbean, blown up greater than two dozen boats allegedly ferrying illicit medication in each the Caribbean and the Pacific, and threatened navy strikes on Venezuela and neighboring Colombia.

“Venezuela is totally surrounded by the most important Armada ever assembled within the Historical past of South America,” Trump stated in a rambling submit Tuesday night time on his social media website. “It’ll solely get greater, and the shock to them shall be like nothing they’ve ever seen earlier than.”

Not lengthy after Trump introduced the blockade Tuesday night time, the federal government of Venezuela denounced the transfer and his different efforts as an try and “rob the riches that belong to our folks.”

Venezuelan Nationwide Meeting President Jorge Rodriguez is flanked by First Vice President Pedro Infante, left, and Second Vice President America Perez throughout a rare session on the Federal Legislative Palace in Caracas on Dec. 17, 2025.

(Juan Barreto / AFP/Getty Photographs)

Leaders of different Latin American nations referred to as for calm and United Nations Secretary-Basic Antonio Guterres, after a telephone name with Maduro, referred to as on U.N. members to “exert restraint and de-escalate tensions to protect regional stability.”

Additionally Wednesday, Trump acquired uncommon pushback from the Republican-dominated Congress, the place some lawmakers are pressuring the administration to reveal extra details about its lethal assaults on alleged drug boats.

The Senate gave ultimate approval to a $900-billion protection coverage package deal that, amongst different issues, would require the administration to open up to lawmakers particular orders behind the boat strikes together with unedited movies of the lethal assaults. If the administration doesn’t comply, the invoice would withhold 1 / 4 of Protection Secretary Pete Hegseth’s journey price range.

The invoice’s passage got here a day after Hegseth and Secretary of State Marco Rubio briefed lawmakers on Capitol Hill concerning the U.S. navy marketing campaign. The conferences left lawmakers with a blended response, largely with Republicans backing the marketing campaign and Democrats expressing concern about it.

The White Home has stated its navy marketing campaign in Venezuela is supposed to curb drug trafficking, however U.S. Drug Enforcement Administration information present that Venezuela is a comparatively minor participant within the U.S.-bound narcotics commerce.

Trump additionally declared that the South American nation had been designated a “overseas terrorist group.” That will apparently make Venezuela the primary nation slapped with a classification usually reserved for armed teams deemed hostile to the USA or its allies. The implications stay unclear for Venezuela.

A gray military plane takes off from a tarmac, with greenery in the background

A U.S. Air Pressure Boeing C-17 Globemaster takes off from Jose Aponte de la Torre Airport, previously Roosevelt Roads Naval Station, on in Ceiba, Puerto Rico.

(Miguel J. Rodriguez Carrillo / AFP/Getty Photographs)

Regional responses to the Trump threats spotlight the brand new ideological fault traces in Latin America, the place right-wing governments lately have gained elections in Chile, Argentina and Ecuador.

The leftist leaders of the area’s two most populous nations — Brazil and Mexico — have referred to as for restraint in Venezuela.

“No matter one thinks concerning the Venezuelan authorities or the presidency of Maduro, the place of Mexico ought to at all times be: No to intervention, no to overseas meddling,” Mexican President Claudia Sheinbaum stated Wednesday, calling on the United Nations to search for a peaceable answer and avert any bloodshed.

Brazilian President Luiz Inácio Lula da Silva has additionally urged Trump to tug again from confrontation. “The facility of the phrase can outweigh the facility of the gun,” Lula stated he advised Trump lately, providing to facilitate talks with the Maduro authorities.

However Chile’s right-wing president-elect, José Antonio Kast, stated he helps a change of presidency in Venezuela, asserting that it could cut back migration from Venezuela to different nations within the area.

Surrounded by security, Chilean President-elect Jose Antonio Kast leaves the government house

Surrounded by safety, Chilean President-elect José Antonio Kast, second from proper, leaves after a gathering with Argentine President Javier Milei in Buenos Aires on Dec. 16, 2025.

(Rodrigo Abd / Related Press)

“If somebody goes to do it, let’s be clear that it solves a big drawback for us and all of Latin America, all of South America, and even for nations in Europe,” Kast stated, referring to Venezuelan immigration.

In his Tuesday submit, Trump stated he had ordered a “full blockade of all sanctioned oil tankers going into, and out of, Venezuela.” Though the transfer is doubtlessly devastating to Venezuela’s financial system, the truth that the blockade will have an effect on solely tankers already sanctioned by U.S. authorities does give Venezuela some respiration room, no less than for now.

Specialists estimated that between one-third and half of tankers transporting crude to and from Venezuela are a part of the so-called darkish fleet of sanctioned tankers. The ships usually ferry crude from Venezuela and Iran, two nations beneath heavy U.S. commerce and financial bans.

Nonetheless, specialists stated that even a partial blockade shall be a significant hit for Venezuela’s feeble financial system, already reeling beneath greater than a decade of U.S. penalties. And Washington can proceed including to the checklist of sanctioned tankers.

“The US can hold sanctioning extra tankers, and that would depart Venezuela with virtually no revenue,” stated David A. Smilde, a Venezuela knowledgeable at Tulane College. “That will most likely trigger a famine within the nation.”

The rising strain, analysts stated, will most likely imply the diminishing variety of corporations prepared to take the danger of transporting Venezuelan crude will enhance their costs, placing extra strain on Caracas. Purchasers in China and elsewhere may even most likely demand value cuts to purchase Venezuelan oil.

Trump has stated that Maduro should go as a result of he’s a “narco-terrorist” and heads the “Cartel de los Soles,” which the White Home calls a drug-trafficking syndicate. Trump has put a $50-million bounty on Maduro’s head. Specialists say that Cartel de los Soles isn’t a functioning cartel, however a shorthand time period for Venezuelan navy officers who’ve been concerned within the drug commerce for many years, lengthy earlier than Maduro or his predecessor and mentor, the late Hugo Chávez, took workplace.

The White House at night

It’s unclear whether or not President Trump deliberate to say extra about Venezuela in a televised tackle to the nation late on Dec. 17, 2025.

(Graeme Sloan / Bloomberg / Getty Photographs)

In his feedback Tuesday, Trump denounced the nationalization of the Venezuelan oil trade, a course of that started within the Nineteen Seventies, when Caracas was a robust ally of Washington.

Echoing Trump’s level that Venezuela “stole” U.S. property was Stephen Miller, Trump’s Homeland Safety advisor, who declared on X: “American sweat, ingenuity and toil created the oil trade in Venezuela. Its tyrannical expropriation was the most important recorded theft of American wealth and property.”

Amongst these believed to be driving Trump’s efforts to oust Maduro is Rubio, the son of Cuban immigrants to Florida. The secretary of State has lengthy been an outspoken opponent of the communist governments in Havana and Caracas. Venezuelan oil has helped the economies of left-wing governments in each Cuba and Nicaragua.

Christopher Sabatini, a senior fellow for Latin America on the suppose tank Chatham Home, stated Rubio has been on a longtime marketing campaign to take away Maduro.

“He has his personal political undertaking,” Sabatini stated. “He desires to do away with the dictators in Venezuela and Cuba.”

McDonnell and Linthicum reported from Mexico Metropolis and Ceballos from Washington. Particular correspondent Mery Mogollón in Caracas contributed to this report.



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Tags: assertscaracasclaimseconomyexpertgovernmentlandmaduroMexicooiltankerTrumpTrump AdministrationU.SUnited StatesVenezuelaVenezuelanvenezuelan oilWashingtonwednesday
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