Analysis: There’s been uproar and condemnation aplenty over America’s sudden assault on the once enshrined concept of national sovereignty, overthrowing eight decades of rigidly enforced global order.
Almost 35 years ago, George Bush Senior ordered US troops to lead a 42-nation strong United Nations force into Kuwait to defend the gulf state against an invasion by Saddam Hussein’s Iraq.
Ostensibly, the first Gulf War was all about protecting the concept of national sovereignty. In reality, it was all about oil.
Last weekend, Donald Trump jettisoned that lofty ideal, justifying the capture of Nicolás Maduro and his wife on the grounds that Venezuela and its leadership posed an existential threat to US security.
While debate rages over the legality and the potential fallout from America’s incursion there’s been a quiet acceptance that, once again, it was all about oil.
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Venezuela’s economy, meanwhile, has been plundered by the Maduro regime, particularly its oil income.
During his reign, profits have been siphoned off, Maduro’s wife has become extraordinarily rich and the country’s oil infrastructure has been left to decay.
How long it would take to get back up to speed is an open debate.
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Klapaucius
Article URL : https://www.rnz.co.nz/news/world/583720/has-trump-landed-a-dud-with-his-venezuelan-oil-play