US Tankers Sail to Venezuela After Years of Sanctions-Induced 'Collapse'
The Financial Times reports US oil tankers are steaming toward Venezuela, citing a looming production 'collapse' that could hit global markets. This sudden concern for Venezuela's oil stability conveniently glosses over the fact that prolonged US sanctions – including an oil embargo since 2019 – have been the primary force pushing Venezuela's oil sector to the brink. It’s almost as if the
'collapse' was less an unforeseen natural disaster and more a very specific, externally imposed economic strategy. One might wonder about the timing of this newfound urgency, framed as a market necessity rather than a direct consequence of US policy. It appears 'humanitarian intervention' (read: sanctions) becomes 'economic instability' when Western supply chains feel the pinch—or perhaps when
Biden needs to stabilize gas prices before an election. They sanction a country into destitution, then express concern when the destitution affects their wallets? How many times must this cycle repeat before we acknowledge the architect?