World Business Report How is the US ship blockade affecting Venezuelans?
Dec 17, 2025
Ami Daniel, Co-founder and CEO of Windward, discusses the challenges of tracking sanctioned oil tankers in light of the intensified US blockade on Venezuela. He highlights the technological enforcement hurdles and the precarious state of Venezuela’s maritime exports. Susan Schmidt, a portfolio manager at Exchange Capital Resources, analyzes market reactions, noting the modest rise in oil prices amid geopolitical tensions. Their conversation sheds light on the humanitarian implications of the blockade and the broader impact on global oil markets.
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Blockade Threatens Humanitarian Collapse
- A full blockade risks worsening Venezuela's already dire humanitarian situation by preventing food, medicine and diesel reaching the country.
- Feliciano Reyna warns that even sanctioned exemptions won't prevent supply disruptions if sea or air routes are blocked.
Voices From Caracas: Fear And Accusation
- Venezuelans in Caracas expressed fear and anger, calling President Trump a 'pirate' and accusing the US of blocking their maritime corridor.
- Citizens warned more sanctions would make daily life and future prospects much harder.
Enforcement Determines Blockade Impact
- The effectiveness of a blockade depends on enforcement and the ability to identify and interdict sanctioned or 'shadow' tankers.
- Francisco Manaldi notes many shadow-fleet vessels remain unsanctioned, reducing immediate impact unless enforcement expands.