The move is an escalation of military operations and a pressure campaign against Nicolás Maduro, Venezuela’s leader. But its scope and economic impact are not clear.
In public, the White House says it is confronting Venezuela to curb drug trafficking. Behind the scenes, gaining access to the country’s vast oil reserves is a priority.
Oil drilling equipment in Cabimas, Venezuela. The country has about 17 percent of the world’s known oil reserves, nearly four times the amount in the United States.
In public, the White House says it is confronting Venezuela to curb drug trafficking. Behind the scenes, gaining access to the country’s vast oil reserves is a priority.
In an unusual move, Xi Jinping, the leader of China, called President Trump. The two spoke about trade, Taiwan and Ukraine, according to separate official statements.
A Pentagon intelligence report says China could try to acquire advanced F-35 technology in Saudi Arabia if the Trump administration sells jets to the kingdom.