Defense Secretary Pete Hegseth on Thursday announced Operation Southern Spear, which he said will target "narco-terrorists" and shield "our homeland from the drugs that are killing our people."

The intrigue: It's not entirely clear whether Hegseth has attached a new label to the ongoing U.S. operations near Venezuela and beyond, or whether this is the starting gun for a new, expanded mission. • The U.S. is massing warships — including the world's largest aircraft carrier, the USS Gerald R. Ford — in and around the Caribbean. • Strikes on alleged drug-running boats have so far killed at least 80 people, and President Trump has made clear he's considering operations on land. • Senior military officials on Wednesday presented Trump with "updated options" for attacking Venezuela but no

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