President Donald Trump on Tuesday ordered a total blockade of oil tankers entering or leaving Venezuela, declaring the Nicolás Maduro regime a foreign terrorist organization and accusing it of using stolen U.S. assets to finance terrorism, trafficking and other criminal activity.
‘Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America,’ Trump said on Truth Social. ‘It will only get bigger, and the shock to them will be like nothing they have ever seen before – Until such time as they return to the United States of America all of the Oil, Land, and other Assets that they previously stole from us.
‘The illegitimate Maduro Regime is using Oil from these stolen Oil Fields to finance themselves, Drug Terrorism, Human Trafficking, Murder, and Kidnapping,’ he continued. ‘For the theft of our Assets, and many other reasons, including Terrorism, Drug Smuggling, and Human Trafficking, the Venezuelan Regime has been designated a FOREIGN TERRORIST ORGANIZATION.
‘Therefore, today, I am ordering A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela,’ Trump added. ‘The Illegal Aliens and Criminals that the Maduro Regime has sent into the United States during the weak and inept Biden Administration, are being returned to Venezuela at a rapid pace. America will not allow Criminals, Terrorists, or other Countries, to rob, threaten, or harm our Nation and, likewise, will not allow a Hostile Regime to take our Oil, Land, or any other Assets, all of which must be returned to the United States, IMMEDIATELY.’
Trump announced Wednesday that the U.S. had seized an oil tanker called the ‘Skipper’ off the coast of Venezuela, sharply escalating U.S. tensions with the nation. The tanker was seized for allegedly being used to transport sanctioned oil from Venezuela and Iran, according to Attorney General Pam Bondi.
The ‘Skipper’ is a vessel that secretly ferries oil in defiance of sanctions, while also being part of an armada of roughly 1,000 tankers that quietly navigate global sea routes to move oil from sanctioned countries like Russia, Iran and Venezuela, according to the administration.
The so-called ‘ghost ships’ sail under foreign flags to obscure their origins, repeatedly change names, shift ownership through shell companies, disable transponders to evade tracking and conduct mid-sea transfers to mask their cargo.
The ‘Skipper’ was loaded with an estimated 1.8 million barrels of oil earlier in December before transferring an estimated 200,000 barrels just before its seizure, Reuters reported.
The oil on the tanker is likely worth $60 million to more than $100 million, based on current average oil prices. Fox News Digital reached out to the White House for any additional comment on the estimated price tag of the oil but did not immediately receive a reply.
The U.S. military has carried out strikes on suspected drug trafficking boats near Venezuela since September as part of Trump’s mission to end the flow of drugs into the nation.
There have been at least 22 strikes on suspected narcotraffickers near Venezuela, killing 87, since September.
The boat strikes are viewed as part of a U.S. pressure campaign on Venezuela likely aimed to not only curb the flow of drugs, but also to oust Maduro as leader of the oil-rich nation.
Fox News Digital’s Amanda Macias contributed to this report.