Nik Foster
The U.S government’s removal of Venezuelan President Nicolas Maduro last month is upending broader geopolitics as we know it. Informed by the second Trump administration’s focus on the Western Hemisphere, and codified in the November 2025 National Security Strategy, which calls for direct action against regimes Washington deems destabilizing or hostile to U.S. interests, the action signals that Venezuela’s future will likely be tied closely to the whims of Washington, D.C.
Venezuela has the world’s largest proven crude oil reserves, as well as an abundance of gold, diamonds, and other natural resources. As Western sanctions on Venezuela have dramatically curtailed its oil exports to the United States and Europe, the country has found a reliable buyer for its crude oil in China, which has purchased up to 80 percent of Venezuela’s oil exports in recent years at discount rates.
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