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Latin America Daily Security Brief

February 17, 2026centinelaintel.com
Regional Threat Assessment
LatAm composite threat index
ELEVATED
Bottom Line Up Front

BLUF: U.S. sanctions relief on Venezuela's oil sector accelerates as Chevron prepares to double production, while Cuba faces mounting pressure with Venezuelan oil supplies cut off and U.S. threatening secondary sanctions on any country that sends fuel to the island. El Salvador executed its largest maritime cocaine seizure in history—6.6 tons—as regional security operations intensify across Central America and the Caribbean.

Key Developments
Venezuela

U.S. Energy Secretary Chris Wright arrived in Caracas on February 11 to assess Venezuela's oil infrastructure, signaling accelerating normalization under the post-Maduro arrangement. Last week, Washington partially lifted sanctions blocking Shell and Repsol from operating in Venezuelan reserves, while Chevron is preparing to double its current production. EL PAÍS reports the economy is showing early signs of stabilization through oil and banking sectors.

The Pentagon released footage of U.S. forces boarding and shutting down the Veronica III, a Venezuela-linked oil tanker tracked from the Caribbean to the Indian Ocean. The tanker departed Venezuela the same day as Maduro's capture on January 3, with Washington declaring it defied Trump's quarantine order. This continues the aggressive interdiction campaign against Venezuela's illicit oil exports.

Felix Plasencia has been named Venezuela's diplomatic representative to the United States. U.S. embassy messaging emphasized Rubio's three-phase roadmap: stabilization, economic recovery and reconciliation, and transition. The cohabitation between remaining Chavista elements and MAGA-aligned forces creates governance uncertainty, though consumption and supply conditions have reportedly improved.

Cuba

Cuba faces its most severe crisis since 1959 as the Trump administration bets that cutting off Venezuelan oil—previously 27,000+ barrels per day—will collapse the regime. Washington is now threatening secondary sanctions against any country that sends fuel to the island, with Mexico explicitly in the crosshairs. Power outages, food and medicine shortages, and depleted foreign currency reserves are worsening.

China's Foreign Minister Lin Jian stated Beijing "will always provide support and help to the Cuban side to the best of our ability," while Mexican President Sheinbaum warned of a potential humanitarian crisis. Portuguese authorities are evacuating tourists via Dominican Republic stopovers due to deteriorating conditions. The island's alliances are fragmenting under sustained U.S. pressure.

El Salvador

Salvadoran forces executed the largest maritime cocaine seizure in the country's history—6.6 metric tons intercepted in international waters. The crew included four Colombians, three Nicaraguans, two Panamanians, and one Ecuadorian, all now in custody facing prosecution. The seizure reinforces President Bukele's aggressive counter-narcotics posture and demonstrates improved regional maritime interdiction capabilities.

Guatemala

President Arévalo decreed a state of prevention following the expiration of a state of siege, maintaining elevated security posture to combat organized crime. The transition from siege to prevention suggests the government is attempting to balance security operations with constitutional constraints. Criminal organizations continue to pressure Guatemalan territory as a key transit corridor.

Costa Rica

The murder of American expat hotel owner Kurt Van Dyke, 66, during a home invasion in Limón province underscores deteriorating security in Costa Rica's Caribbean coast. His girlfriend was reportedly zip-tied during the robbery. Limón province accounts for 25 percent of Costa Rica's homicides despite its smaller population.

Security analysts attribute rising crime to drug trafficking routes and organized crime penetration of beach communities. The U.S. Embassy in San José has issued guidance urging increased caution in Limón, recommending travelers avoid displaying valuables and ensure rental properties have robust security measures. Costa Rica's "pura vida" tourism brand is under strain.

Mexico

Ciudad Juárez ranked as the world's 17th most violent city in new survey data, driven by fentanyl trafficking competition, migrant smuggling turf wars, and the old Juárez Cartel's efforts to reclaim territory lost a decade ago. Border Report notes transnational criminal organizations are fighting on multiple fronts simultaneously.

Mexican cartels are increasingly deploying drones for cross-border drug delivery and attacks on rivals within Mexico, according to federal reporting. CBP seized one million fentanyl pills in a single day at an Arizona border crossing, alongside methamphetamine. The Sinaloa Cartel continues operating sophisticated smuggling infrastructure including cross-border tunnels despite sustained law enforcement pressure.

Colombia

The Colombian entity responsible for identifying the 135,000+ disappeared from six decades of civil conflict announced it has identified the remains of Camilo Torres, a rebel priest killed in 1966. Torres was a prominent Liberation Theology figure whose death became symbolic of the conflict's early years. The identification continues the slow truth and reconciliation process under transitional justice frameworks.

Ecuador

Prison deaths continue climbing despite President Noboa's security strategy, according to MarketScreener data. Bringing prisons under control remains central to Noboa's agenda as he stakes his political legacy on fighting drug trafficking and crime. Ecuador's prison system has been a flashpoint for gang violence, with rival factions using facilities as operational bases.

Guyana

Guyana is positioned alongside Brazil and Argentina as a driver of South American oil production growth, with the trio expected to add over 700,000 barrels per day in 2026—more than double Venezuela's projected 300,000 bpd increase. ExxonMobil's Stabroek Block continues ramping output. Guyana's per-capita oil wealth is transforming its regional significance and attracting sustained international investment.


Country Watch
Mexico

Juárez ranked 17th most violent city globally; cartel drone use expanding for smuggling and attacks; one million fentanyl pills seized at Arizona crossing in single day.

Guatemala

President Arévalo decreed state of prevention after state of siege expired; security operations against organized crime continue under modified legal framework.

Belize

No significant developments in the past 24 hours.

Honduras

No significant developments in the past 24 hours; remains key transit corridor for northbound narcotics.

El Salvador

Record 6.6-ton cocaine seizure in international waters; crew of 10 from four countries detained; reinforces Bukele's counter-narcotics posture.

Nicaragua

Three Nicaraguan nationals among crew detained in El Salvador's cocaine seizure; country remains transit point for South American narcotics.

Costa Rica

American expat Kurt Van Dyke murdered in Limón province home invasion; U.S. Embassy urges increased caution as organized crime penetrates tourist areas.

Panama

Two Panamanian nationals detained in El Salvador cocaine seizure; facilitating IOM-assisted deportation transits for Indian nationals from U.S.

Colombia

Remains of rebel priest Camilo Torres identified 60 years after death; four Colombian nationals detained in El Salvador maritime drug bust.

Venezuela

U.S. Energy Secretary visited Caracas Feb 11 to assess oil infrastructure; Shell, Repsol sanctions partially lifted; Chevron preparing to double production; Veronica III tanker interdicted in Indian Ocean.

Ecuador

Prison deaths rising despite Noboa security strategy; one Ecuadorian among detained cocaine traffickers; government under pressure to control penitentiary violence.

Peru

No significant developments in the past 24 hours.

Bolivia

No significant developments in the past 24 hours.

Brazil

Expected to lead South American oil production growth alongside Guyana and Argentina with 700,000+ bpd increase in 2026; remains critic of U.S. Operation Southern Spear.

Paraguay

Government aligned with Trump administration approach on drug trafficking and Venezuela policy; no significant security developments.

Uruguay

No significant developments in the past 24 hours.

Argentina

Among countries aligned with U.S. approach on Venezuela and drug trafficking; contributing to South American oil production growth alongside Brazil and Guyana.

Chile

Implementing digital monitoring systems at Hito 1 border marker with Argentina to prevent territorial friction; tough-on-crime political trend continues.

Cuba

Facing worst crisis since 1959 as Venezuelan oil cut off; U.S. threatening secondary sanctions on fuel suppliers; China pledges continued support; Portugal evacuating tourists via Dominican Republic.

Haiti

U-17 national team qualified for FIFA World Cup; underlying humanitarian catastrophe continues following decades of instability; Japan donated $1 million for Hurricane Melissa recovery.

Dominican Republic

Serving as transit hub for Portuguese tourist evacuations from Cuba; aligned with U.S. policy on Venezuela since 2019; benefiting from Hurricane Melissa regional response role.

Guyana

Positioned with Brazil and Argentina to add 700,000+ bpd oil production in 2026, outpacing Venezuela's 300,000 bpd projected increase; ExxonMobil Stabroek operations expanding.


Analyst Assessment

The Venezuela-Cuba energy axis has been severed, and Washington is now stress-testing how long Havana can survive without subsidized oil. Watch for Chinese fuel shipments to Cuba in the coming weeks—Beijing's pledge of support will be tested against U.S. secondary sanctions threats. Mexico is the wild card; Sheinbaum's humanitarian concerns put her on a collision course with Trump's maximum pressure campaign.

El Salvador's 6.6-ton cocaine seizure demonstrates that maritime interdiction in the Eastern Pacific is producing results, but the crew composition—Colombians, Nicaraguans, Panamanians, Ecuadorians—shows how deeply transnational these networks run. Expect continued pressure on Nicaragua as a weak link in the interdiction chain.

Costa Rica's security deterioration in Limón province is not an anomaly but a trend line. The murder of a well-known American expat will generate consular and media attention, potentially affecting tourism flows to the Caribbean coast. The country's traditional neutrality and demilitarized posture leave it poorly equipped to counter organized crime penetration.

Watch items for the next 72 hours: (1) Any indication of Chinese or Mexican fuel shipments to Cuba; (2) Chevron's production timeline in Venezuela and PDVSA cooperation dynamics; (3) Guatemala's security operations under the new state of prevention; (4) Follow-on interdiction operations in the Eastern Pacific following El Salvador seizure; (5) Costa Rica government response to Van Dyke murder and broader Limón security posture.

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