The Miami Herald reports that the US is poised to strike military targets in Venezuela in escalation against Maduro regime.
This isn’t a hit on narcotics operations but on military installations. This is tantamount to an undeclared war, though the US is saying that drug trafficker use the installations.
Sources told the Herald that the targets — which could be struck by air in a matter of days or even hours — also aim to decapitate the cartel’s hierarchy. U.S. officials believe the cartel exports around 500 tons of cocaine yearly, split between Europe and the United States.
Oil is climbing on the headlines but Venezuela is no longer a large exporter of oil, with exports around 700-900kbpd.
This article was written by Adam Button at investinglive.com.