America’s New Way of Economic War
The US has shifted its economic statecraft by seizing Venezuelan oil tankers, marking a significant change in its use of economic tools and military capabilities. This new approach, termed hybrid economic warfare, aims to restore the potency of US sanctions, but also risks inviting retaliation from other countries.
The US has started seizing Venezuelan oil tankers, a move that marks a shift in its economic statecraft. This approach, used by President Donald Trump, combines economic tools like sanctions with military capabilities. The US Navy has seized or detained at least ten tankers with ties to Venezuela. Other countries, like India and France, are following suit. The US is using this approach to impose economic pressure on oil-exporting adversaries. The shift is intended to restore the potency of US sanctions, which have lost their effectiveness in recent years.
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