US Carrier & Nuclear Sub in Caribbean, Eyes Ousting Maduro

The US Navy’s USS Gerald R. Ford carrier strike group, backed by a nuclear submarine, entered the Caribbean on November 16 to surround Venezuela’s coast. In parallel, the State Department plans to label Venezuela’s ruling “Sun Group” as a Foreign Terrorist Organization (FTO) by November 24. This dual military and legal pressure targets President Nicolás Maduro’s inner circle, aiming to sever illicit funding and incite military defections. Aviation authorities have warned airlines, prompting major carriers like Iberia and LATAM to suspend flights. Since September, US forces in the region have struck drug-trafficking vessels over a dozen times. External analysts warn that even if Maduro falls, fragmented drug networks could fuel armed factions. The UK has paused intelligence sharing, and Venezuela claims political support from Russia, China, and Iran. Rising tensions threaten oil and LNG shipping through the Caribbean, likely driving up insurance costs and supply-chain delays, with spillover risks to the Gulf of Mexico. Traders and policymakers will monitor whether Washington can balance military action, sanctions, and diplomacy without repeating past ‘‘regime-change then governance’’ pitfalls.
Bearish
Escalating military action and sanctions against Venezuela will heighten global risk aversion, pushing traders away from high-volatility assets like cryptocurrencies. Past geopolitical crises, such as the Russia–Ukraine conflict, triggered immediate crypto sell-offs as investors sought safety. Disruptions to oil and LNG shipping may spur broader market volatility, further undermining risk appetite in both spot and derivatives markets. In the short term, uncertainty around energy supply and conflict risk will likely drive crypto prices down. Over the long term, if tensions ease and risk sentiment recovers, crypto may stabilize but initial reactions are expected to be bearish.