Forbes Daily: U.S. Action In Venezuela Sparks Travel Anxiety
The weekend’s U.S. military activity in Venezuela isn’t just causing geopolitical uncertainty—it’s making some travelers nervous, too.
Several online booking platforms reported a spike in interest for travel insurance and other trip-protection products in the wake of the action. Thousands of travelers faced flight disruptions over the weekend after the FAA banned civilian planes from Caribbean airspace.
A comprehensive travel insurance plan is usually priced between 4% and 10% of the total trip cost—but be sure to read the fine print of any policy to see what it covers.
Venezuela will turn over 30 million to 50 million barrels of oil to the U.S., President Donald Trump announced Tuesday, just days after the U.S. captured Venezuelan President Nicolás Maduro. The country is estimated to have roughly 300 billion barrels in untapped oil reserves—but experts say it’s unlikely gas prices for American consumers will drop, at least in the short-term.
President Donald Trump is seeking to purchase Greenland, Secretary of State Marco Rubio said, preferring that over military action as European leaders have pledged to protect the island’s sovereignty. Since his second term began, Trump has said he’d like........© Forbes
