Monday March 25, 2019
Home World Are oil reser...

Are oil reserves the real reason why Barack Obama has levied sanctions on Venezuela?

0
//

US Vene (1)

By Harshmeet Singh

Highlighting its ‘deep concern’ for the Venezuelan citizens, USA has declared Venezuela as a ‘National threat’ and slapped various sanctions against seven top Venezuelan officials. As the Venezuelan President Nicolas Maduro gave a scathing speech on Tuesday, blaming the ‘imperialist’ USA for trying to topple his Government, he found support from the iconic Cuban leader, Fidel Castro.

Castro’s message for Maduro read ‘Dear Nicolas Maduro, I congratulate you for your brilliant and brave speech in the face of the brutal plans by the United States government. Your words will go down in history as proof that humanity can and will know the truth,

US’ love for oil

“Let our position be absolutely clear: An attempt by any outside force to gain control of the Persian Gulf region will be regarded as an assault on the vital interests of the United States of America, and such an assault will be repelled by any means necessary, including military force.”

  • Jimmy Carter, former US President

Overenthusiastic participation of the US in the Gulf War and almost all the Middle Eastern conflicts ever since under the blanket of ‘war on terror’ has been termed by many as US’ attempt to capture oil reserves around the world.

What is common among Venezuela, Iran, Iraq and Libya? Oil is the easiest answer that pops into the mind. All these countries feature in the list of top ten countries with the biggest proven oil reserves in the world. Secondly, each of these countries has faced strong US interventions in the past few years. US showing ‘deep concerns’ for an oil-rich nation and its citizens isn’t a new happening. With the largest proven oil reserves in the world, Venezuela holds a key position in the South American politics and US knows this well.

Current US Venezuela Crisis

Since February this year, the Maduro Government has been blaming the US of supporting the opposition in carrying out violent protests across the country. according to report published in The Guardian, Maduro said that the US has a tradition of carrying out coups in other nations. He also put forward the case of Edward Snowden and a 2006 WikiLeaks cable, according to which, the US was planning to ‘divide, isolate and penetrate’ the erstwhile Venezuelan Government. In one of his addresses to the media in February, he said “I invoke Obama and his African American spirit, to give the order to respect Venezuela”

Averting any blames that its actions are aimed at denting Venezuela’s oil based economy, the White House maintained that its sanctions aren’t intended to hurt Venezuela’s energy sector. According to the US, the seven officials against whom the sanctions have been approved had played a key role in suppressing the anti-Government protests in any undemocratic manner.

When asked about the need to list Venezuela as a ‘national security threat’, a US official said that this is the first step of the US sanctions program and similar steps were followed with Iran and Syria. If the US plans to put Venezuela in the same bracket as Iran and Syria, this might not spell good news for the South America nation.

Maduro’s plans

Maduro is seeking to buy time to sort the growing mess within the country by terming this as a battle between an ‘imperialistic’ USA and a ‘Socialistic’ Venezuela. Whether he succeeds in his plans remains to be seen.

Next Story

U.S. and Russia To Come Up With An Agreement On How To Resolve Venezuela Crisis

Moscow strongly warned the United States “against any temptation to resort to military power” in Venezuela. Russian state news agency TASS quoted Deputy Foreign Minister Sergei Ryabkov as saying. “We assume that Washington treats our priorities seriously, our approach and warnings.”

0
U.S.
Special Representative for Venezuela Elliott Abrams speaks at the State Department in Washington, March 15, 2019. VOA

U.S. Special envoy for Venezuela, Elliott Abrams says Russia and the United States have failed to come to an agreement on how to resolve the crisis in Venezuela following talks in Rome. He did not rule out a future meeting between both sides and said the talks helped both sides gain a better understanding of each other’s views.

The United States Special envoy for Venezuela, Elliot Abrams, described the Rome talks with Russian officials on the crisis in Venezuela as “useful, substantial and serious.” He said the conversations allowed the United States to understand that “Russia sees the crisis in Venezuela as very serious, unlike President Maduro,” mainly, Abrams said, in regard to the economic and humanitarian aspects.

Following a meeting with Russian Deputy Foreign Minister Sergei Ryabkov, Abrams said, “We did not come to a meeting of the minds, but the talks were positive in the sense that I think both sides emerged with a better understanding of the other’s views.” The two sides remain at odds over the legitimacy of Venezuelan President Nicolas Maduro.

The United States has recognized self-declared President Juan Guaido as Venezuela’s legitimate leader, while Russia continues to recognize Mr. Maduro. Italy also has not given Mr. Guaido recognition.

FILE - Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, takes part in a rally against President Nicolas Maduro's government in Valencia, Venezuela, March 16, 2019.
Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country’s rightful interim ruler, takes part in a rally against President Nicolas Maduro’s government in Valencia, Venezuela, March 16, 2019. VOA

Abrams met with the Pietro Benassi, the diplomatic adviser of Italian Prime Minister Giuseppe Conte. Abrams said the United States is not applying pressure on the Italian government to recognize Guaido as Venezuela’s legitimate president.

The meetings in the Italian capital took place as the United States imposed fresh sanctions on Venezuela, this time targeting the state-run gold mining company Minerven and its president.

President Donald Trump and visiting Brazilian President Jair Bolsonaro speak during a news conference in the Rose Garden of the White House, March 19, 2019.

But at the White House, President Donald Trump on Tuesday reiterated that “all options are open” on the future of Venezuela.

“We are not looking for anything other than taking care of a lot of people that are starving and dying in the streets. What’s happening there is a disgrace,” he said.

Abrams stressed that negotiations are not underway because “We do not negotiate the future of Venezuela with Russia or others because the future of Venezuela will be chosen by the Venezuelans.”

Also Read: Know The Venezuelans Ways to Cope with Inflation and Hunger

Moscow strongly warned the United States “against any temptation to resort to military power” in Venezuela. Russian state news agency TASS quoted Deputy Foreign Minister Sergei Ryabkov as saying. “We assume that Washington treats our priorities seriously, our approach and warnings.”

Abrams did not exclude a future meeting with Russia on the Venezuela crisis but said no date had been set. The White House said President Trump will also discuss the Venezuela crisis with Caribbean leaders on Friday. (VOA)