Trump Wants “Oil Rights Back” From Venezuela As Navy Blockades Loom

  • A Trump “blockade” threat aimed at sanctioned oil shipping is colliding with Venezuelan naval escorts, a fresh tanker-seizure precedent, and a House vote that failed to impose a War Powers constraint.

Trump’s Venezuela posture is being operationalized through oil-centric demands and maritime pressure, while Venezuela has begun naval escorts for outbound cargoes and the US House rejected a War Powers check by a two-vote margin.

In his remarks, Trump said Venezuela was “getting land, oil rights, whatever we had,” adding, “They took our oil rights… They threw our companies out. And we want it back.”

The maritime lever is Trump’s “total and complete blockade” framing, described publicly as targeting tankers to and from Venezuela that violated US trade sanctions.

On Capitol Hill, a proposed resolution failed 211–213 with 9 not voting, which, if it were to pass, would have directed the president, under War Powers procedures, to remove US Armed Forces from hostilities “within or against Venezuela” absent a declaration of war or specific authorization for force.

Venezuela’s immediate response, per reporting that cited ship-tracking data and people familiar with the moves, was to order its Navy to escort ships carrying petroleum products as they departed the country’s east coast between Tuesday evening and Wednesday morning.

The escorted vessels were described as departing Puerto José bound for Asian markets, with cargoes including urea and petroleum coke and other oil-based products.

PDVSA said vessels connected to its operations were continuing to sail “with full security, technical support and operational guarantees” in what it called the legitimate exercise of the right to free navigation. 

The new escort posture lands on top of a recent enforcement precedent: the US seizure of the tanker Skipper after it departed José with about 1.8 million barrels of Venezuelan crude.

Risk metrics in the background are explicit in the reporting chain: roughly 40% of tankers that have transported Venezuelan crude in recent years have been placed under US sanctions.

President Nicolás Maduro reportedly “calls on Colombia’s army to come to Venezuela’s aid, if necessary,” as Trump “escalates his standoff with Caracas,” while also noting Colombia’s historical status as the closest US military partner in Latin America and that ties between Washington and Bogotá are “deeply strained right now.”

Maduro reportedly called for a “unión perfecta” with Colombia’s military to defend sovereignty, describing the context as a US deployment in Caribbean waters framed as counternarcotics.


Information for this story was found via The New York Times and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Why This Gold Company Keeps Spinning Out Assets | John-Mark Staude – Riverside Resources

Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find | Galen McNamara – Silver47

Related News

Donald Trump’s Businesses Found Guilty Of Tax Fraud, Maximum Penalty At $1.62 Million

Following a five-week trial, a New York jury convicted the Trump Organization — whose corporations...

Wednesday, December 7, 2022, 09:03:00 AM

Paramount Pays Trump $16 Million to Settle ’60 Minutes’ Lawsuit

Paramount Global (NASDAQ: PARA) announced Tuesday it will pay $16 million to resolve President Donald...

Thursday, July 3, 2025, 12:57:00 PM

Bitcoin Breaks $100,000 After Trump Names Crypto Advocate to Lead SEC

Bitcoin surpassed $100,000 for the first time on Wednesday, rallying on President-elect Donald Trump’s choice...

Thursday, December 5, 2024, 10:52:00 AM

Trump Doubles China’s Tariffs To 20%: “Drugs Are Still Pouring Into Our Country”

The US is moving to increase its tariff rate on Chinese goods, with President Donald...

Friday, February 28, 2025, 02:09:00 PM

Trump, Iran Officials Trade Threats as Tehran Protests Enter Day 6

President Donald Trump and senior Iranian officials reportedly traded direct threats as economic protests broadened...

Friday, January 2, 2026, 10:16:05 AM