The US president has explained the motive behind the blockade on the Latin American state

President Donald Trump has said the US is seeking to reclaim oil, land, and other assets from Venezuela, arguing that previous administrations allowed Caracas to strip America of its economic interests in the country.

Speaking to journalists on Wednesday, Trump said Venezuela took “oil rights” and other assets that he claimed belonged to the US, prompting his decision to impose a naval blockade on the Latin American state.

“They took our oil rights. We had a lot of oil there,” Trump said. “They threw our companies out, and we want it back.”

Trump accused…

Read the full article at RT.COM