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Venezuelan fishermen in fear amid U.S. military buildup in Caribbean Sea

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Venezuelan fishermen in fear amid U.S. military buildup in Caribbean Sea

2025-11-29 16:35 Last Updated At:11-30 14:47

The United States' military deployment in the Caribbean Sea and attacks on alleged drug-trafficking boats have put Venezuela's fishing industry on edge, as local fishermen fear of losing their livelihood in a potential U.S. military operation against their country. The United States began to deploy warships and military personnel in Latin American and Caribbean waters in August to combat regional drug cartels, according to U.S. defense officials.

Since early September, the U.S. military forces have sunk more than 20 alleged drug-trafficking boats, killing over 80 people. Washington framed the operations as counter-narcotics measures, while Venezuela said they are geopolitical pressure tactics aimed at destabilizing the country.

Also in September, a U.S. destroyer deployed 18 armed personnel to board and occupy a Venezuelan fishing vessel in the Venezuelan exclusive economic zone for eight hours, during which it blocked the fishing vessel's communication and obstructed its normal operations.

Venezuela is a major fishing country in South America, with an annual output of approximately 500,000 tons. There are approximately 90,000 fishermen in the entire county, among whom over 50,000 are individual or small-scale fishermen.

At a fishing port near Caracas, the capital of Venezuela, one of the local fishermen said the U.S. military operations in the Caribbean Sea have triggered concerns among them.

"Because that's how we make our living, that's how we earn our daily bread, both for ourselves and our families, and we have nothing else. I'm not afraid, but many fishermen across the country have told me about their fears and concerns. What will happen in the coming days, months, years? It's scary to think there could be bloodshed between the two nations, and I wouldn't want that," said fisherman Juan Gabriel Bello. Another fisherman who has returned from fishing said that despite the current distance between the U.S. military forces and the shores of Caracas, he still fears that innocent fishermen might be caught in the crossfire during a potential U.S. military operation.

"I haven't seen anything because I only fish along the coast. I haven't gone out to sea yet. It's worrying because you never know what might happen when you're out fishing. It could happen to anyone that they're taking actions against the wrong people. All we do is fishing. We're just fishermen trying to make a living, and we never get into conflicts with others," said fisherman Javier Garcia. The United States on Monday formally designated "Cartel de los Soles" as a foreign terrorist organization. Washington accuses the group of being headed by Venezuelan President Nicolas Maduro, without giving any evidence. The past two days have seen senior U.S. military officials travel to Caribbean countries, raising concerns from the outside world that the United States might launch a military strike against Venezuela.

"I think it is very unfair that they always attack us, attack us, attack us, attack us. We don't want violence in our country, and I do see it as an aggression, a threat. I think that because of the wealth we have, which is our oil, our minerals, and I think that's what they want," said fisherman Juan Gabriel Bello.

Venezuelan fishermen in fear amid U.S. military buildup in Caribbean Sea

Venezuelan fishermen in fear amid U.S. military buildup in Caribbean Sea

The price of aluminum, a key industrial metal used in automotive manufacturing, construction and packaging, has been climbing as production cuts in the Gulf region, logistical constraints and Iranian attacks on two regional producers over the weekend tightened supply.

On March 31, the benchmark London Metal Exchange (LME) three-month price for aluminum rose to 3,535 U.S. dollars per metric ton, a year-on-year increase of around 40 percent.

Iran's Islamic Revolutionary Guard Corps (IRGC) said on Sunday that they launched missile and drone strikes on aluminum plants in Bahrain and the UAE that are linked to the U.S. military and aerospace industries, in retaliation for U.S.-Israeli attacks on Iranian steel factories.

Emirates Global Aluminium issued a statement saying that its Al Taweela site in the Khalifa Economic Zone in Abu Dhabi was severely damaged after Iranian strikes, with some employees injured.

Aluminum Bahrain confirmed in a statement on Sunday that some of its facilities were struck by Iranian attacks, resulting in injuries to two employees.

The two aluminum plants have a combined annual output of 3.2 million tons, more than half of the approximately 6 million tons of aluminum produced every year by Gulf Cooperation Council (GCC) member states.

The region is a key source of aluminum supply, accounting for about 9 percent of global production.

Goldman Sachs on Tuesday raised its LME aluminum price forecast from 3,200 U.S. dollars to 3,450 U.S. dollars per ton for the second quarter of 2026 after the attacks on the facilities.

Goldman Sachs also predicted a global primary aluminum market supply deficit of 570,000 tons in 2026, a sharp turnaround from its previous forecast of a 550,000-ton surplus.

Analysts point out that the aluminum market is currently facing multiple shocks, with shipping in the Strait of Hormuz disrupted, aluminum production facilities in the Gulf damaged or even shut down, and production in other parts of the world currently limited.

The impact will also spread to downstream enterprises in the coming months, with higher-cost aluminum alloys, primarily used in the aerospace, automotive, and construction industries, facing the most constrained supply, analysts said.

The Gulf region has long been a significant source of these high-end products, particularly for the European market, and also supplies manufacturers in the United States.

Aluminum prices climb as effects of Middle East tensions spread through global economy

Aluminum prices climb as effects of Middle East tensions spread through global economy

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