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Trump Cancels Second Attack on Venezuela, Cites Cooperation

Financial Post
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Article content(Bloomberg) — US President Donald Trump said a second wave of attacks on Venezuela has been canceled, citing improved cooperation from the country.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentVenezuela is “working well” with the US on rebuilding its oil and gas infrastructure and releasing “large numbers” of political prisoners, Trump wrote in a social-media post on Truth Social on Friday. That means another wave of strikes doesn’t appear necessary, he said.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.
Trump Cancels Second Attack on Venezuela, Cites Cooperation

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Article content(Bloomberg) — US President Donald Trump said a second wave of attacks on Venezuela has been canceled, citing improved cooperation from the country.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentVenezuela is “working well” with the US on rebuilding its oil and gas infrastructure and releasing “large numbers” of political prisoners, Trump wrote in a social-media post on Truth Social on Friday. That means another wave of strikes doesn’t appear necessary, he said.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentBrent futures pared gains on the president’s statement, trading at $62.16 as of 10:15 a.m. in London. Trump is meeting with US oil executives later as his administration pushes them to rebuild Venezuela’s energy sector.Article contentArticle contentThe military activity in the region may not be over, though. Trump said Thursday strikes were being prepared against drug cartel facilities, just days after he ordered an operation to capture Venezuelan strongman Nicolas Maduro.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article content“We are going to start now hitting the land with regard to the cartels,” Trump said Thursday in an interview with Fox News.Article contentThe US has struck more than a dozen boats the administraction claims were trafficking drugs, with combating narcoterrorism a partial justification for the Maduro operation. Since then, he has indicated that while the US would consider using the military to secure the cooperation of the interim government in Caracas, that he was hopeful he would not need to order additional military action.Article contentStill, he has for months signaled a willingness to target drug-manufacturing facilities in other countries, including Colombia and Mexico.Article contentTrump’s remarks Thursday come despite the president sending optimistic signals following a phone call with Colombian President Gustavo Petro on Wednesday. After their conversation, Trump posted on social media that he appreciated Petro’s “call and tone.”Article contentPetro, in his own post, said it was more convenient to start a dialogue “than to settle it on battlefields.” The leaders have agreed to meet in Washington. Article contentArticle content—With assistance from Catherine Lucey and Hadriana Lowenkron.Article content(Adds Trump comment on drug cartels.)Article contentTrending How to make a million a year playing disc golf News A love letter to those who don’t believe in RRSPs Personal Finance Trump once again puts critical Canadian industry in crosshairs Oil & Gas Trump's Venezuela oil grab pushes Chinese refiners to Canada Oil & Gas Cash-for-visa allegations complicate Canada's race for global talent News Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. How to make a million a year playing disc golf News A love letter to those who don’t believe in RRSPs Personal Finance Trump once again puts critical Canadian industry in crosshairs Oil & Gas Trump's Venezuela oil grab pushes Chinese refiners to Canada Oil & Gas Cash-for-visa allegations complicate Canada's race for global talent News

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Source: Financial Post