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Venezuela · Geopolitics
Key Facts
Trump said Venezuela oil paid Iran war costs as US ran an embassy drill from USS Iwo Jima in Caracas Saturday, with opposition talks ongoing in Panama.
Daily Brief
The morning intel from across Latin America. Free.
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Venezuela · Geopolitics
Key Facts

Trump Boasts Venezuelan Oil Revenue Has Funded Iran War ‘25 Times Over’ As Pentagon Estimates $29billion

US President Donald Trump said revenues from Venezuelan oil had more than offset the cost of the US war on Iran, claiming the…

Trump compared his plans for Iran to how the U.S. assumed control of Venezuela’s oil sector after capturing then-president…

The war is deeply unpopular, and the spike in oil prices will mean long-term high prices across the board for Americans

Critics compare offensive to Iraq war, citing familiar mix of regime-change rhetoric, security pretexts and oil interests

“I don't think any large U.S. major company is going to want to invest without a series of guarantees,” one historian of…