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US to Retain Seized Venezuelan Oil, Vessels

(MENAFN) The United States will hold onto the oil and ships it confiscated off Venezuela’s coast, President Donald Trump announced Monday.

"We're going to keep it...Maybe we will sell it, maybe we will keep it. Maybe we'll use it in the Strategic Reserves. We're keeping the ships also," he told reporters in Florida.

Last Tuesday, Trump declared a "total and complete blockade" on sanctioned oil tankers attempting to enter or leave Venezuela.

On Sunday, US forces pursued another tanker in international waters near Venezuela, escalating tensions in the Caribbean. If captured, it would mark the third vessel intercepted since Dec. 10.

Trump claimed that narcotics entering the US by sea have been reduced by 96.2%.

"And soon, we'll be starting the same program on land. The land is much easier...We save 25,000 lives every single time we knock out a boat. And it's over 96% stopped by sea. We're trying to figure out who the other 4% are, frankly, and we're going to have the same success, but even quicker, because it's much easier on land. If they want to come by land, they're going to end up having a big problem. They're going to get blown to pieces, because we don't want our people poisoned."

The president further accused Venezuela of doing "terrible things" to the United States.

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