Energy is increasingly becoming a tool of geopolitical confrontation, especially amid Russia's war against Ukraine. Russia continues to use energy leverage despite Europe's steps to reduce dependency on Russian resources. Currently in focus are US actions to control Venezuelan oil and their global implications.
Donald Trump recently announced plans to take control of the energy sector, suggesting to China and Russia to buy oil through the US, which raised concerns among many political figures. Experts note that while Venezuela holds significant oil reserves, the quality and extraction complexity raise doubts about its economic feasibility at current prices.
The real US goal, experts say, is not only to control the global market, but also to influence Venezuela’s political landscape and weaken Russian and Chinese presence in the region. Continued energy dependency helps Russia finance its war, but Venezuela's potential is unlikely to shift the balance of power in the short term.
Meanwhile, a US State Department delegation visited Venezuela to assess conditions for a possible reopening of the US embassy. Venezuela's interim president has invited a visit to the US, and Trump has met with oil industry representatives, promising favorable investment terms.
Trump's stance towards Russia is hardening, though he remains diplomatic in statements. Despite US claims of pressure, Moscow's response is limited to diplomatic protests. Experts see recent developments as part of a broader pressure strategy against Russia and its allies, emphasizing the importance of US-European coordination in supporting Ukraine.
