July 25, 2024

Venezuela’s Oil Riches Are Quietly Falling Under Russian Control

Courtesy of President of Russia

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

Translation/ Traducción