Thursday, June 9, 2011

US Planning to Grab Venezuela's Oil

The United States slapped sanctions on Venezuela’s state oil giant PDVSA on 25 May 2011 in a more aggressive effort to disrupt Iran’s fuel supplies. The banner says: "Venezuela now belongs to all".

by Nil Nikandrov
Journalist and political analyst whose columns regularly feature in the Russian-based online magazine Strategic Culture Foundation.

There is a growing impression that Venezuela with its oil riches is the next country on the US hit list. Latin America analyst Nil Nikandrov opines that one would have to be a hopeless idealist to believe that - after US crusades swept across Asian and African oil-producing countries - the Venezuelan oil deposits so far remaining beyond the US control would somehow evade Washington’s appetite. Article posted here

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