US Ultimatum to Venezuela: Cut Ties with Russia, China, Iran, Cuba or Face Oil Crisis
America
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News18•07-01-2026, 11:54
US Ultimatum to Venezuela: Cut Ties with Russia, China, Iran, Cuba or Face Oil Crisis
- •US issued an ultimatum to Venezuela to limit ties with Russia, China, Iran, and Cuba, demanding a change in its foreign policy.
- •The US insists Venezuela prioritize its interests in oil production and sales, linking compliance to increased output.
- •US Secretary of State Marco Rubio indicated Venezuela's full oil tankers could force compliance due to economic pressure.
- •The US plan aims to control Venezuela's oil resources, including managing ships and tankers, despite claims of not wanting occupation.
- •President Trump mentioned Venezuela's interim government would hand over 30-50 million barrels of oil to the US for sale.
Why It Matters: US pressures Venezuela to sever ties with key allies and cede oil control, escalating economic crisis.
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