No. of Recommendations: 2
Yep. For those who wonder, this is why you have a Navy.
Actually, the USN was founded for trade protection: to deter other countries doing what the US is now doing to tankers that venture near Venezuela.
Watch this space for announcement of a blockade of Columbia, taking another 700,000bpd off the market, and bombing of Kharg Island, to take another 2Mbpd off the market. Then a subservient media will start screaming "OIL SHORTAGE!!!" again. Recall, when Israel attacked Iran, a few years ago, Biden begged them to *not* bomb Kharg Island, but the current regime has different priorities.
fwiw, I added XOM today, the only one of the "three amigos" that I did not already own. I worked an oil trade for several years, the last time Shinyland had a blatantly NeoCon regime, and it paid handsomely.
Steve