Can Maduro survive as Trump's oil pressure campaign hits his regime’s weak spot?
The Trump administration is escalating pressure on Venezuelan President Nicolás Maduro by targeting the country's oil trade. New measures include seizing tankers and enforcing a blockade on sanctioned vessels. Venezuela is highly dependent on oil, which accounts for the vast majority of its exports and government revenue. Experts say that these actions directly threaten Maduro's revenue streams, which he uses to maintain power. Currently, millions of barrels of Venezuelan crude are stranded on tankers offshore due to the blockade. While the US actions have raised concerns among European allies, the US believes that cutting off the oil revenue will undermine Maduro's power.