America’s New Way of Economic War
Federaţia Rusă
President Donald Trump’s decision late last year to start seizing Venezuelan oil tankers throughout the high seas marks a significant shift in American economic statecraft. For more than two decades, Washington drew a clear line between its use of economic tools, notably sanctions and export controls, and its use of military capabilities. Sanctions—such as those on Venezuelan oil since 2019—put economic pressure on adversaries without crossing the line into armed conflict. Naval blockades and
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