President Trump’s massive naval build-up off the coast of Venezuela and the threat of invasion was labelled by the country’s illegitimate President Nicolas Maduro as a bloody grab for oil. Other Latin American leaders, notably Colombia’s leftist President Gustavo Petro, are making similar assertions. A long history of U.S. intervention to secure vital fossil fuel resources, coupled with Venezuela controlling the world’s largest proven crude oil reserves totaling 303 billion barrels, supports this rationale. There are, however,…
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