The U.S. has deployed seven warships and 4,500 troops near Venezuela in a move the White House called an anti–narco-terrorism operation. But questions swirl as Chevron quietly imports sanctioned Venezuelan oil under a special license. President Trump has threatened 25% tariffs on nations buying Maduro’s crude, yet U.S. tankers are already bringing shipments home. Is this about drug cartels—or securing the world’s largest oil reserves? With regime change whispers and comparisons to Noriega, critics call it hypocrisy at its peak.

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