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successfully cultivate talent. The U.S. escalates its campaign against Venezuela's Nicolas Maduro with a blockade on sanctioned oil tankers.

Plus, a look at what the biggest IPO of the year can tell us about going public in 26 and layoff worries mount at the office.

It really seems like this is an age of anxiety for the white collar

workers, and it's showing up a bit in the jobs report, but where it's really showing up is on

surveys, and it's pretty clear that office workers are really nervous about losing their jobs

right now. It's Wednesday, December 17th. I'm Luke Vargas for the Wall Street Journal,

and here is the AM edition of What's News, the top headlines and business stories moving

your world today. President Trump has ordered a blockade of sanctioned oil tankers in and out

of Venezuela. In a social media post, Trump wrote that U.S. forces now had the country

completely surrounded, and he also threatened a larger American military presence unless the

regime of Venezuelan leader Nicholas Maduro returned what he claimed were stolen assets,

an apparent reference to U.S.-linked holdings nationalized by the Venezuelan state.

Well, to put these developments into context, I'm joined by Jorge Leon, the head of geopolitical

analysis at Rysstad Energy.

Jorge, how big of a deal is this blockade?

And we should specify that it is just a partial blockade because it appears to exclude Chevron,

which has a license exempting it from

...