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U.S. Strikes Venezuela as Trump Says Maduro Is Captured and Sanctions Squeeze Oil Exports

International scrutiny is intensifying as Washington casts the operation as a narcotics‑finance crackdown.

Overview

  • President Trump said U.S. forces carried out a large-scale strike and captured Nicolás Maduro, a claim reported by U.S. outlets citing administration officials.
  • Treasury’s OFAC designated four tankers—Nord Star, Lunar Tide, Rosalind and Della—and their ownership firms as blocked property tied to the Venezuelan oil trade.
  • At least seven additional ships reversed course or stalled at sea, filling storage and forcing PDVSA to shut some wells, with Orinoco output down about 25% from mid‑December levels on Dec. 29.
  • UN experts and other critics say the tanker blockade violates international law, while the U.S. argues the measures cut funding to narcotics networks and Maduro’s government.
  • Market analysts see a limited near‑term impact on global oil prices despite a higher Venezuela risk premium, and PDVSA said key oil infrastructure remained unaffected by the strikes.