A US delegation visited Venezuela on March 5th on the surface to repair ties with Carcas. Howis Venezuela one of the poorest nations of the world with its special asset, oil? Until 1998 they produced 3.5m barrels a day.
By Dec 2018, severe economic sanctions by Trump cut off virtually all imports, escalating a crisis as global prices for oil were to 40 USDper barrel. This move was to paralyze a nation already suffering from hyperinflation and extreme poverty.
Geopolitical Games and The American Eagle lays in its claws
In what seems like a geopolitical game of Risk, as one super power imposed constrictions another invited its own presence. In a scenario seemingly opposite to Ukraine, Russia has sent in military experts, and soldiers to Caracas and granted loans and widened trade links.
It seems likely the US is now desperately trying to wrestle control of South American nations from Russia’s influence. Selfish concerns over its oil supply also seem top of the agenda. Has war in Ukraine just turned up the heat, dividing nations into Russian reds and American stooge?