After Maduro’s capture, the U.S. tightens what officials call an “oil blockade” and Venezuela’s poor take the first blow
Venezuela is poor because sanctions and enforcement fear strip oil revenue and choke finance. After Nicolás Maduro’s capture, that squeeze has tightened. Tankers hesitate, insurers retreat, payments jam, and crude backs up into storage until output is cut. Ports stay open, yet trade slows to a crawl. Humanitarian exemptions exist on paper, but banks often refuse the transactions. Venezuela’s poor take the first hit.