Stock Market Today: Oil Prices Rise After Trump Ramps Up Venezuela Pressure; Dow Futures Hover

Core Viewpoint - The President has ordered a blockade of sanctioned oil tankers entering and leaving Venezuela, aiming to enforce existing sanctions and curb illicit oil trade [1] Group 1: Sanctions and Blockade - The blockade targets oil tankers that are under U.S. sanctions, which is part of a broader strategy to limit Venezuela's oil exports [1] - This action is expected to impact Venezuela's already struggling oil industry, which has seen a significant decline in production and revenue [1] Group 2: Industry Implications - The oil industry in Venezuela has been heavily affected by sanctions, leading to a drop in production from approximately 3 million barrels per day in 2015 to around 600,000 barrels per day in recent months [1] - The blockade may further exacerbate the economic crisis in Venezuela, as oil exports are a critical source of revenue for the country [1]