President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status.

The president said in a Truth Social post Venezuela should return those assets to the U.S. and declared an oil tanker blockade.

Gold steadied near a record high, as investors tracked mounting tensions in Venezuela and waited for US inflation data.

Venezuela’s president urges regional unity to deter what he calls foreign intervention, as Washington sharpens its rhetoric and threatens new designations.

The U.S. House of Representatives narrowly defeated two resolutions on Wednesday seeking to rein in President Donald Trump's aggression toward Venezuela, amid widespread speculation that the Republican will launch an attack on the South American oil state's territory.

U.S. forces surrounding Venezuela are growing after President Donald Trump designated President Nicolas Maduro’s regime as a foreign terrorist organization and ordered a blockade on tankers carrying “sanctioned” oil.

Speaking at her morning press conference, Sheinbaum also called on the United Nations to assume its "role" and prevent bloodshed in Venezuela.

Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth will hold closed, classified briefings for all U.S. senators and representatives on Tuesday about the Trump administration's strategy toward Venezuela.

Venezuela struck a defiant note Wednesday, insisting its crude oil exports were not impacted by US President Donald Trump's announcement of a potentially crippling blockade.

The possibility of rising tensions becoming military conflict between the United States (US) and Venezuela means that it cannot be business as usual for