This creates the ideal opportunity for Moscow to reinforce its ties with Venezuela and gain a sizable foothold in Latin America. This is enhanced by Russia’s lack of neocolonial baggage in the region compared to the U.S.. Moscow has long coveted a prominent role in Latin America to strike at U.S. regional hegemony, gain control of the areas considerable petroleum wealth and solidify Russia’s image as a world power. By Matthew Smith. Full Text-> Oil Price
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