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Venezuela’s crisis is not an oil grab but a power grab

Venezuela’s crisis is not an oil grab but a power grab

Summary

The situation in Venezuela involves the U.S. conducting military actions and economic measures, which it claims target narcoterrorists, but Venezuela disputes this. The U.S. has also seized a Venezuelan oil tanker, increasing tensions. These actions are seen as enhancing U.S. executive power rather than addressing an oil shortage.

Key Facts

  • President Trump released footage of a U.S. missile strike killing individuals on a boat off Venezuela’s coast, calling them narcoterrorists.
  • U.S. military strikes in Venezuela have resulted in at least 87 deaths, with investigations into potential war crimes.
  • The U.S. seized an oil tanker in Venezuelan waters, labeled as an act of piracy by Venezuela.
  • The U.S. justifies these actions as counter-narcotics efforts, while critics suggest they aim for regime change in Venezuela.
  • Venezuela has the world's largest oil reserves, but its production and infrastructure are in decline.
  • Legal avenues exist for U.S. access to Venezuelan oil without military means.
  • The U.S. declared a national emergency with respect to Venezuela, activating various governmental powers.
  • Critics argue the U.S. focus is on power consolidation and economic interests beyond oil.

Source Information