United States President Donald Trump has said that the US has seized a sanctioned oil tanker close to the coast of Venezuela, in a move that has caused oil prices to spike and further escalates tensions with Caracas.

“We’ve just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever, actually, and other things are happening,” Trump said on Wednesday.

The Venezuelan government called the move an act of “international piracy”, and “blatant theft”.

This comes as the US expands its military operations in the region, where it has been carrying out air strikes on at least 21 suspected drug-trafficking vessels since September. The Trump administration has provided no evidence that these boats were carrying drugs, however.

Here is what we know about the seizure

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