Oil jumps
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The fleet of ghost ships Venezuela uses to smuggle part of its oil to black markets, which President Donald Trump vowed this week to stop with a military blockade, is made up of dozens of old tankers and operates following the example of other nations under sanctions such as Russia and Iran,
President Donald Trump ramped up pressure on Venezuela on Tuesday by announcing that he is ordering a blockade of all “sanctioned oil tankers ” entering and leaving the South American country.