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    Home > Headlines > Russia condemns U.S. strike on alleged drug vessel near Venezuela
    Headlines

    Russia condemns U.S. strike on alleged drug vessel near Venezuela

    Published by Global Banking & Finance Review®

    Posted on October 5, 2025

    1 min read

    Last updated: January 21, 2026

    Russia condemns U.S. strike on alleged drug vessel near Venezuela - Headlines news and analysis from Global Banking & Finance Review
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    Tags:insurancefinancial crisisforeign currencyfinancial stabilityrisk management

    Quick Summary

    Russia's Foreign Minister criticizes the U.S. for a strike on a vessel near Venezuela, alleging drug smuggling. The incident raises regional stability concerns.

    Russia Denounces U.S. Attack on Alleged Drug Smuggling Vessel

    MOSCOW (Reuters) -Russia's Foreign Minister Sergei Lavrov on Sunday criticised the U.S. strike on a vessel allegedly carrying illegal drugs off the coast of Venezuela.

    He said in a phone call with his Venezuelan counterpart Yvan Gil that Moscow strongly condemned the strike.

    "The ministers expressed serious concern over Washington's escalating actions in the Caribbean Sea, which could have far-reaching consequences for the region," Russian foreign ministry said in a statement.

    Four people were killed in the October 3 strike on the vessel which Washington accused of transporting "substantial amounts of narcotics - headed to America to poison our people."

    (Reporting by Reuters, Editing by Louise Heavens)

    Key Takeaways

    • •Russia condemns U.S. strike on a vessel near Venezuela.
    • •Sergei Lavrov criticizes U.S. actions in the Caribbean.
    • •Four people were killed in the October 3 strike.
    • •Washington accuses the vessel of drug smuggling.
    • •The incident raises concerns about regional stability.

    Frequently Asked Questions about Russia condemns U.S. strike on alleged drug vessel near Venezuela

    1What is foreign currency?

    Foreign currency refers to money that is not the official currency of a given country. It is used in international transactions and can be exchanged for the local currency at varying rates.

    2What is financial stability?

    Financial stability is a condition where the financial system operates effectively, with institutions able to manage risks and absorb shocks without causing significant disruptions to the economy.

    3What is risk management?

    Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. This includes financial, operational, and strategic risks.

    4What is a financial crisis?

    A financial crisis is a situation where the value of financial institutions or assets drops rapidly, leading to a loss of confidence in the economy. It can result in bank failures and economic downturns.

    5What is insurance?

    Insurance is a financial product that provides protection against financial loss or risk. It involves a contract where an individual pays premiums in exchange for coverage against specific risks.

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