Daily Oil & Gas Update: U.S.-Venezuela Tensions Reach New Heights at Year-End

2025-12-22 09:31:23

U.S. military forces have intensified blockades off Venezuela’s coast, seizing multiple oil tankers and pursuing others to disrupt sanctioned petroleum exports amid escalating tensions with dictator Nicolás Maduro.

On December 20, the U.S. Coast Guard, backed by the Department of Defense, seized the tanker Centuries—the second in two weeks following Skipper on December 10. Though not directly listed, the vessel carried sanctioned Venezuelan oil. Homeland Security Secretary Kristi Noem shared footage of a pre-dawn helicopter boarding, vowing action against ships funding “drug terrorism.”

By December 21–22, U.S. forces pursued a third tanker, Bella 1, in international waters near Venezuela. Sanctioned for Iranian ties and unescorted by Venezuelan navy, it highlights enforcement.

President Trump last week announced a “full and complete blockade” of sanctioned tankers, using economic pressure to force Maduro concessions.

Venezuela condemned the actions as “criminal piracy,” planning UN complaints while ordering naval escorts—raising collision risks. The operations tie to broader U.S. goals: reclaiming seized assets and countering drug trafficking. Some tankers have already altered course.

Latest Developments: Trump’s National Address

On December 16, President Trump unexpectedly announced a primetime address on December 17 (9 PM ET) to highlight achievements and vision.

The 18-minute speech was fact-check heavy, with outlets like The New York Times noting numerous inaccuracies.

Trump claimed to have ended 8 “wars” but omitted escalating Venezuela tensions. He boasted turning America “from worst to best,” praising wage growth over inflation, border security, and record employment—while avoiding high energy prices and tariff impacts on costs.

Fact checks:

Inflation peaked ~9.1% in 2022 (40-year high, not all-time).
Thanksgiving turkey prices fell ~16% (not 33% claimed).
Employment records ignore population growth; unemployment rose to 4.6% in November.

Trump announced a $1,776 “warrior dividend” for troops from tariff revenue.

He falsely claimed his Gaza ceasefire ended “3,000 years” of Middle East conflict (Israel founded 1948; violence continues).

Critics note omissions: energy affordability, tariff burdens, and Venezuela naval actions causing fatalities—despite boasting peace.

Trump reiterated pressure on Fed independence, promising rate cuts via new appointees (Powell’s term ends May 2026).

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