Trump orders total blockade of sanctioned oil tankers entering or leaving Venezuela

"Trump's order for a total blockade of sanctioned oil tankers from Venezuela could have significant implications for the global energy market. Venezuela's oil remains a crucial player in the world market, and limiting its supply may exert upward pressure on crude prices, especially given the prevailing conditions of oversupply. Trump's declaration provides a focal point for investors, but the associated risks of escalating military actions cannot be ignored, which could create geopolitical tensions that may negatively impact the oil market. Observing market movements, the current political strain may lead to short-term volatility in prices, but potential stabilization could arise as supply is eventually restored."