Having made the week for Vix buyers quite profitable, President Trump – whose North Korea rhetoric sent market volatility soaring in the past week – appeared ready to spread the love among long-suffering oil bulls, when on Friday afternoon Trump refused to rule out a U. S. military intervention in Venezuela, and said that the US has a military option in the insolvent, quasi civil war Latin American nation.
“I’m not going to rule out a military option,” Trump told reporters at his New Jersey golf club discussing recent events in Venezuela. “We have many options for Venezuela, including a possible military option, if necessary,” Trump said after a meeting with Secretary of State Rex Tillerson and UN Ambassador Nikki Haley.
The president did not answer whether American troops would lead that potential operation.
This post was published at Zero Hedge on Aug 11, 2017.