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WASHINGTON (AP) — President Donald Trump demanded Wednesday that Venezuela return assets that it seized from U.S. oil companies years ago, justifying anew his announcement of a “blockade” against oil tankers traveling to or from the South American country that face American sanctions.
Trump cited the lost U.S. investments in Venezuela when asked about his newest tactic in a monthslong pressure campaign against leader Nicolás Maduro, suggesting his administration’s moves to confront leaders in Caracas are at least somewhat motivated by disputes over oil investments, along with accusations of drug trafficking. Some sanctioned tankers already are diverting away from Venezuela.
“We’re not going to be letting anybody going through who shouldn’t be going through,” Trump told reporters of his call for a blockade. “You remember they took all of our energy rights. They took all of our oil not that long ago. And we want it back. They took it — they illegally took it.”
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