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US Deploys Troops Near Venezuela Amid Oil Speculations

12/2/2025

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Story summary
  • The United States (U.S.) has deployed over a dozen warships and 15,000 troops near Venezuela.
  • Nicolás Maduro, the president of Venezuela, says the moves reflect U.S. oil interests, citing the largest proven reserves.
  • The U.S. State Department denies the oil motive, saying actions aim to curb undocumented migration and drug trafficking.
  • Venezuela produces about 1 million barrels per day, and its heavy crude is essential for U.S. refining.