Trump, Rubio, Wright Advocate Outright Imperialism, Stealing Venezuelan Resources | Venezuela Update
Jonathan MS Pearce analyses the significant shift in US energy policy regarding Venezuelan oil exports and the strategic implications for global commodity markets. This update examines Energy Secretary Chris Wright’s plans to sell accumulated Venezuelan crude and the potential expansion of US geopolitical focus toward Cuba, Nicaragua, and Colombia.
The report explores the reluctance of major US oil companies to invest in the region without firm legal and financial guarantees, despite direct pressure from the Trump administration to revive the Venezuelan energy sector. It further scrutinises the broader objectives of US senators who have identified additional regional targets for political and economic intervention. The analysis considers how these manoeuvres represent a pivot in American foreign policy and the ongoing struggle for resource control within the Western Hemisphere.