No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsLatin AmericaNicaragua Says U.S. Seeks Venezuela’s Oil with Caribbean Warships

Nicaragua Says U.S. Seeks Venezuela’s Oil with Caribbean Warships

The United States wants to “steal” Venezuela’s oil reserves with the deployment of warships in the Caribbean, Nicaraguan President Daniel Ortega said Thursday.

U.S. President Donald Trump deployed eight ships and a submarine in the Caribbean nearly a month ago, arguing they were fighting drug trafficking after accusing his Venezuelan counterpart, Nicolás Maduro, of having ties to the alleged “Cartel of the Suns.”

Maduro, who views the military deployment as a “threat,” on Thursday called for a drill to prepare for natural disasters (after recent earthquakes) and armed conflicts.

“We condemn the movement of military forces by the United States government here in the Latin American region under the pretext that Venezuela is the great exporter of cocaine,” Ortega said in his speech during the ceremony for the 46th anniversary of the police in Managua.

He added that Venezuela is “the country with the largest oil reserves in the world,” and “that is what the U.S. rulers and U.S. capital are after: taking control of Venezuelan oil.”

“Stealing the oil from the Venezuelan people, inventing that cocaine arrives from, leaves from, those countries in the south and is then consumed in the United States,” the Sandinista leader added, speaking in a measured tone during the event broadcast by pro-government media.

Earlier this month, Ortega said the anti-drug military operation was a “farce” and that its aim was to “overthrow” Latin American governments.

Ortega, a former guerrilla fighter, 79, in power since 2007 and who also ruled Nicaragua in the 1980s, is a staunch ally of Maduro and is accused by critics and human rights groups of establishing a “family dictatorship” together with his wife Rosario Murillo, 74, named co-president in February by a constitutional reform.

In recent months he has been seen at public events with difficulty walking and a pale appearance—he suffers from lupus and kidney failure—leading opposition analysts to say Murillo is paving the way for succession.

Trending Now

Last Cuban doctors leave Honduras amid Trump pressure

The last contingent of Cuban doctors still in Honduras departed this Thursday after the agreement under which they had operated in the country for...

Chaves and Fernández Predict Dollar Will Stay Low in Costa Rica

President Rodrigo Chaves and President-elect Laura Fernández say the U.S. dollar will stay at low levels against the colón. Both leaders point to steady...

Venezuela Reports 475% Inflation as Reforms Begin

Venezuelan inflation soared to 475 percent in 2025, the highest in the world, driven by a tightening of US sanctions in the lead up...

UN Documents Killings, Disappearances and Torture by Honduras Security Forces in 2025

Honduras security forces committed serious human rights abuses in 2025 while the country operated under a state of exception, the United Nations human rights...

Home Invasion Forces Canadian Visitors to Leave Costa Rica

A Canadian couple from Nanaimo shared details of an armed home invasion that cut their vacation in Costa Rica short. Louise Fleming and Drew...

Guatemala Court Vote Deals Blow to Arévalo’s Push for Judicial Reform

The reelection of a magistrate accused of favoring criminals to Guatemala’s highest court once again delayed hopes of dismantling an alleged judicial network where...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica