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09.09.26 - 20:18
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The Guardian view on Donald Trump′s oil deal: Venezuela pays for his vanity | Editorial (The Guardian)
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The US president seized a nation's natural wealth in a modern-day version of gunboat diplomacy to feed his ego – not to lower Americans' fuel billsImperialism does not require a flag to be planted or a governor dispatched. It can be a powerful nation deciding who governs a smaller, weaker country, and on what terms and for whose benefit its resources will be developed. Donald Trump's kidnapping of Venezuela's Nicolás Maduro, putting his deputy – Delcy Rodríguez – in his place as president, and then her signing a deal handing a fifth of the country's proven oil reserves to the US, amount to a modern version of 19th-century gunboat diplomacy. Regime change supplied America's commercial concession.This won't bother Mr Trump. But it should. The US president has oversold his neocolonial spoils. The additional production Venezuela is supposed to bring online might bring down oil prices eventually, but not anytime soon. Crucially, what Mr Trump calls “the biggest oil deal in history” won...
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06.09.26 - 22:01
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Wright: US has ′a lot of leverage′ in Venezuela after oil deal reached (The Hill)
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Energy Secretary Chris Wright said on Sunday that the U.S. has “a lot of leverage” over Venezuela after the Trump administration reached a deal with the latter government to grant it control of more than 65 billion barrels of oil. “We have a lot of leverage over Venezuela. We control the sale of oil outside......
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05.09.26 - 05:36
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Trump team quietly closed probe into businessman eyed by US to broker Venezuela oil deal (Times of India)
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The Trump administration sought Alejandro Betancourt's help for a major US oil deal with Venezuela. Federal prosecutors recently closed their investigation into Betancourt after administration officials intervened. Betancourt was investigated as part of a probe into alleged embezzlement and laundering from PDVSA. His position shifted as the administration sought a larger role for US companies in Venezuela's oil industry....
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