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US-Venezuela: from sanctions to military action

US-Venezuela: from sanctions to military action

By Pascale JUILLIARD
Paris, France (AFP) Jan 3, 2026

The US military attack on Caracas on Saturday -- and reported capture of President Nicolas Maduro -- caps years of tensions between Washington and Venezuela, which started in 2006 with US sanctions.

- 2006: first sanctions -

Relations between Washington and Venezuela plummet following the 1999 arrival in power of President Hugo Chavez, Latin America's leftist firebrand.

In 2006, the United States under President George W. Bush bans the sale of weapons and US-made military equipment to Venezuela, citing a lack of cooperation in the fight against terrorism.

By 2010, the two countries no longer have ambassadors in each other's capital.

- 2014: accusations of human rights violations -

After Chavez dies in 2013 following a battle with cancer and his handpicked successor Nicolas Maduro takes over, the US administration of Barack Obama imposes in late 2014 and early 2015 sanctions on several top Venezuelan officials, freezing their US assets and banning visas.

Washington accuses Venezuela of rights breaches in its violent crackdown on demonstrations against Maduro.

- 2017: Trump raises 'military option' -

The first adminstration of Donald Trump in 2017 slaps financial sanctions on several top officials, including members of the supreme court, for having undermined the powers of parliament.

The legislative body had been under the control of the opposition since late 2015.

After Maduro created a Constituent Assembly to override parliament, Washington imposes sanctions on him, freezing his assets in the United States.

Trump for the first time speaks of a "military option" in Venezuela, a threat he would go on to repeat over the coming years.

Washington bans the purchase of bonds issued by the Venezuelan government and by national oil company PDVSA.

- 2019: Sanctions toughened -

After Maduro's re-election, which Washington and other capitals consider a sham, Trump in 2019 toughens economic sanctions with the aim of strangling the country and ousting Maduro.

Caracas severs diplomatic relations after the United States, followed by dozens of other countries, recognises opposition leader Juan Guaido as interim president.

Guaido's self-proclaimed government is dissolved in 2023.

Washington also imposes sanctions on oil company PDVSA and Venezuela's central bank.

- 2019: oil embargo -

On April 28, 2019, Washington slaps an oil embargo on Venezuela. It then freezes all Venezuelan government assets in the United States.

The oil embargo is slightly eased in 2023 to compensate for a shortfall of Russian crude after the invasion of Ukraine.

It is reinstated when Washington says that Maduro is not meeting his commitment to hold a fair presidential election in 2024, with opposition leader Maria Corina Machado -- a future Nobel Peace laureate -- declared ineligible.

At the beginning of his second term in early 2025, Trump puts a stop to the oil licences which allowed oil and gas multinationals to operate in Venezuela despite the sanctions.

US company Chevron is allowed to operate anew in July, but is no longer allowed to give money to the Venezuelan government.

- 2020: $50 million bounty for Maduro -

In 2020 Maduro, and several of his entourage are charged in the United States with "narco-terrorism" with Washington offering a reward of $15 million for any information leading to his arrest.

In August 2025, it raises the reward to $50 million.

Washington accuses Maduro of leading the so-called "Cartel of the Suns", whose existence remains to be proved, according to experts.

- 2025: airstrikes -

August 2025 signals the start of a massive US military build-up in the Caribbean, where Washington has since September been carrying out deadly airstrikes on boats it alleges are used by drug traffickers, accusing Caracas of being behind drugs flooding into the United States.

On Wednesday, December 10 the United States says it had seized an oil tanker off Venezuela's coast. Caracas accuses Washington of international piracy.

Trump on December 29 says his forces hit and destroyed a docking area on Venezuela's coast which he alleged was used by drug boats -- the first known land strike in the US military campaign.

- 2026: Caracas attacked, Maduro grabbed -

On January 3, the US conducts a wave of airstrikes on and around Caracas and Trump declares that his military captured Maduro and his wife and flew them out of Venezuela.

The Venezuelan government accuses the United States of an "extremely serious military aggression" and calls for an emergency meeting of the UN Security Council.

burs-paj/pgf/rmb/cw

CHEVRON

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