US President Donald Trump has announced a blockade of "sanctioned oil vessels" heading to and leaving Venezuela, sharply escalating his pressure campaign against Caracas while issuing new demands for access to the country's crude.

The move is an escalation of military operations and a pressure campaign against Nicolás Maduro, Venezuela’s leader. But its scope and economic impact are not clear.

US President Donald Trump announced Tuesday a blockade of "sanctioned oil vessels" heading to and leaving Venezuela, sharply escalating his pressure campaign against Caracas while issuing new demands for the country's crude. "Today, I am ordering A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela," Trump wrote on his Truth Social platform Tuesday evening.

US President Donald Trump announced Tuesday a blockade of "sanctioned oil vessels" heading to and leaving Venezuela, sharply escalating his pressure campaign against Caracas while issuing new demands for the country's crude. "Today, I am ordering A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela," Trump wrote on his Truth Social platform Tuesday evening.

WASHINGTON >> President Donald Trump today ordered a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, in Washington’s latest move to increase pressure on Nicolas Maduro’s government, targeting its main source of income.

In a statement, Venezuela's government said it rejected Trump's "grotesque threat".

WASHINGTON: US President Donald Trump ordered on Tuesday (Dec 16) a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure

It is unclear how his administration will impose ‍the blockade ​against the sanctioned vessels. Read more at straitstimes.com. Read more at straitstimes.com.

Trump said he is ordering a blockade of all "sanctioned oil tankers" into Venezuela, ramping up pressure on the country's authoritarian leader Maduro in a move that seemed designed to put a tighter chokehold on the South American country's economy.

In a post on social media Tuesday night announcing the blockade, Trump alleged Venezuela was using oil to fund drug trafficking and other crimes.

TOKYO, Dec 17 : Oil prices climbed sharply on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concerns over demand. Brent crude futures were up 57 cents, or 0.9 p

Trump orders total Venezuela oil blockade, designates Maduro regime as foreign terrorist organization over stolen U.S. assets and criminal activities.

President Donald Trump said Tuesday he is ordering a blockade of all “sanctioned oil tankers” into Venezuela, ramping up pressure on the country’s authoritarian leader Nicolás Maduro in a move that seemed designed to put a tighter chokehold on the South American country's economy. Trump's escalation comes after U.S. forces…

President Donald Trump says he is ordering a blockade of all “sanctioned oil tankers” into Venezuela, ramping up pressure on the country’s authoritarian leader Nicolás Maduro.

Asian shares are mixed, with strong buying of technology shares helping to lift some benchmarks, while oil prices surged more than 1% after President Donald Trump ordered a blockade of all “sanctioned oil tankers” into Venezuela.

TOKYO, Dec 17 : U.S. crude futures rose more than 1 per cent on Wednesday as U.S. President Donald Trump ordered "a total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela. U.S. crude futures were up 1.3 per cent, or 72 cents, to trade at $55.99 at 0022 GMT. Oil prices

WASHINGTON (AP) — President Donald Trump said Tuesday he is ordering a blockade of all “sanctioned oil tankers” into Venezuela, ramping up pressure on the country’s authoritarian leader Nicolás Maduro in a move that seemed designed to put a tighter chokehold on the South American country’s economy. Trump’s escalation comes after U.S. forces last week […]

Trump orders a blockade on sanctioned oil tankers to Venezuela, intensifying pressure on Maduro amid allegations of drug trafficking.

Asian shares advanced on Wednesday as strong buying of technology shares helped lift some benchmarks, while oil prices surged more than 1% after President Donald Trump ordered a blockade of all “sanctioned oil tankers” into Venezuela. Trump's move followed the seizure by U.S. forces last week of an oil tanker off Venezuela’s coast, an…