Trump orders oil tankers blockade in Venezuela, labels it a ‘terrorist’ regime
Axios reports: President Trump designated Venezuela a “foreign terrorist organization” Tuesday and formally ordered a blockade of all U.S. sanctioned oil tankers servicing the country. Why it matters: Trump’s newest escalation, backed by a giant U.S. armada, exerts unprecedented pressure on Venezuelan leader Nicolas Maduro’s regime, threatening to bankrupt the country’s already struggling economy. “Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America. It will only get bigger, and the shock to them will be like…