🌍 By Oliver Vargas | As tensions between the U.S. and Venezuela escalate in 2026, analysts warn of a return to 'gloves-off resource imperialism' in global politics. Recent moves by Washington—including economic sanctions and overt discussions about controlling Venezuela's oil—have reignited debates about sovereignty and foreign intervention.
From Chavez to Today: Oil at the Center
Venezuela's transformation under Hugo Chavez (1999-2013) reshaped its oil industry, redirecting profits to social programs. GDP doubled 📈 and extreme poverty plummeted from 20% to 7% during his tenure. 'This wasn't just economics—it challenged the global narrative,' says Vargas, arguing that Venezuela proved resource nationalization could fuel development.
Two Decades of Pressure
Since 2006, U.S. policies have included:
Blocking oil exports 🛢️
Freezing $9B in foreign assets (2021)
Funding opposition groups
Critics claim these actions, framed as 'democracy promotion,' mask a focus on controlling Venezuela's oil reserves—the world's largest.
What's New in 2026?
While regime-change tactics aren't new, recent U.S. statements about 'managing' Venezuela's political future mark a shift toward open disregard for international norms ⚖️. As one Caracas student told us: 'It’s imperialism without the PR spin.'
🔍 This analysis reflects the author's views, not necessarily NewspaperAmigo.com's stance.
