Trump’s attack on Iran blew up in his face. Humiliated, he’s been itching for a chance to flex his muscles and blow off steam. He just got it. On social media, he announced the 'largest oil cooperation agreement in history' with Venezuela. Through a deal with a private company, the US now holds 'majority control' over the country’s 65 billion barrels of oil reserves.
The Venezuela Heist Unveiled
Trump’s words were soaked in arrogance. Venezuelan oil, he gloated, was finally America’s 'prize in the bag.' But the twist? This was no surprise. The whole saga was practically scripted—an international political remake of the movie 'Infernal Affairs.'
Just weeks after sending troops to kidnap President Maduro in January, Trump announced that the US would pour money into Venezuelan oil and put its resources under watch. He didn’t even bother with a fig leaf—'snatch the oil' was the plan. But the plot ran deeper. He had long been in cahoots with acting President Rodriguez, scheming to topple the government from within. And he was cutting deals with the country’s oil barons, all set to cash in together.
Trump wanted to run the same play in Iran. Pull it off, and the US would become the 'global energy hegemon.' This time, though, he slammed into a brick wall.
'Infernal Affairs' in Caracas: moles took the oil. Iran resisted.
This is colonialism with a 21st-century face. A smash-and-grab of another nation’s riches, executed in broad daylight. The US just pulled off the perfect plunder of Venezuela’s oil wealth.
Trump’s heist flick didn’t just need brute force. It needed a mole. An 'Infernal Affairs' insider to make the plot work.
The Mole at the Top
Trump unveiled a grand oil cooperation plan with Venezuela last Friday. The acting president was elated. Rodriguez said the agreement could span 25 years, with the US helping to control 17 strategic oil fields. It promised to supercharge production and deliver $209 billion in investment.
Energy experts raised a red flag. The deal wasn't transferring energy to a private enterprise, they argued. It was a handover to another country: the United States. She sidestepped the issue.
Her attitude is no surprise. It traces back to her time as vice president, when Maduro was still in power. As a former oil minister, she had close ties with US oil giants. Even after her promotion, she kept her hands on oil policy. She paved the way for Chevron, the US oil giant, to return to business in Venezuela.
Sources say the White House already knew Rodriguez was 'usable.' If she rose to power, she would fully back US investment in Venezuela's oil industry. Trump had already sniffed out the mole. He secretly assigned her a role in the power grab.
The mole delivered. After US special forces abducted Maduro, Rodriguez stepped in as acting president. She never mentioned 'resisting the US.' Instead, she called for cooperation.
At the end of January, the acting president signed the Oil Law Reform Bill. It let private and foreign investors into the country's oil business. She flung the door wide open for the US government and oil companies to march in.
Recent reports say Rodriguez is actively considering pulling Venezuela out of OPEC. She's discussing it with the US. Washington, of course, approves. If it happens, US influence over Venezuela's oil will only grow.
The move is clearly orchestrated by the US behind the scenes.
The Tycoon and the Underworld
The US didn't just plant moles inside Venezuela's government. It also recruited them in the business world. US media reports reveal a striking partnership: the US government teamed up with a private company to grab control of the country's oil fields. The company? North American Blue Energy Partners. Its boss, Bedangote, had long-standing ties with the US government and oil majors. He was also deeply entangled with Rodriguez. And he had already snapped up a batch of oil fields in western Venezuela.
For Washington, this local tycoon was a made man. One of their own. They knew that using him to control the oil fields would be a force multiplier: half the effort, double the payoff. So the US simply bought into the company. They'd share the spoils, together.
But this tycoon's background was anything but clean. Prosecutors in Zurich had been digging into his accounts. Yet no charges ever materialized.
America's mole in Caracas: Rodriguez made the oil grab possible.
The New York Times dropped a bombshell: the US State Department had leaned on Swiss +
-+authorities to shut down the investigation. Meanwhile, he was handed multiple US entry visas. 、
The message was clear. His relationship with American officials was anything but ordinary.
The Bigger Game
The New York Times analysis reveals the playbook. Trump topples Maduro, then swallows Venezuelan oil. The objective? Reshape global energy markets and fortify US energy security.
With Venezuela's oil under its control, the US can erode the market influence of Middle Eastern nations. After the Iran war, that mission has become even more pressing.
Look at the Iran war through this lens, and the motive snaps into focus. Trump's real driver? Seizing Iran's colossal oil reserves.
Trump launched the war in late February. Then, in an interview with the Financial Times, he was blunt: his favorite thing is taking Iran's oil. It makes a lot of money, he explained.
Trump's a businessman, and he's running the numbers. Iran's oil reserves: 208.6 billion barrels, third largest on the planet. Natural gas: 1,200 trillion cubic feet, also in the global top three.
If the US could grab both Venezuela's and Iran's oil, it would lock down global oil pricing power. It would preserve the petrodollar hegemony. The 'hegemonic' throne would be unshakable.
The Half-Won Hegemony
But Iran is not Venezuela. Trump's grand plan has smashed into a brick wall. He's the one left battered and bruised.
The US bid to become the world's oil hegemon has been thwarted. So far, it's only half-succeeded. For the global balance of power, that's excellent news.
Lai Ting-yiu `
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