Response to a Facebook post.
BEFORE Mr Trump finally issued his end game.
This: The United States’ Chevron has been back in Caracas since 2019. Venezuela's top oil seller to China is state-owned PDVSA but Chevron also ships oil to the dragon. Meanwhile, China is #3 top buyer of U.S. oil, aside from the fact that Donald Trump and Xi Jinping are on trade truce; they have recently agreed to cool silicon deals, which features Nvidia. The U.S. government gets a 25 percent cut from Nvidia's sales in China. China could pull back again from buying U.S. soybeans if this drama escalates. So this is not about oil.
With Mr Maduro out and whoever replaces him (Maria Corina Machado?) shipments of Venezuelan oil to China and wherever carry on. Business as usual.
A U.S. shudder of Venezuela is the same somehow with the Iran whip via Operation Midnight Hammer in June. Mr Trump pressures Mr Maduro on drug cartels; nuke issues in Tehran. Yet China (world's top oil importer) is also the main buyer of Iran's oil. The most recent news before The D lost his patience was that Maduro agreed to talk with the U.S. about drugs, as Russia mediates.
Before all these: Presidents Trump and Claudia Sheinbaum have agreed to block Mexican drug cartels in their usual routes leading to America’s southern borders. So these cartels stand to lose over $70 billion in annual revenue in the U.S. alone as the market here starts to panic. So Sinaloa and CJNG hooked up with Venezuela's Cartel de los Soles and Tren de Aragua to explore other alternative routes, such as the Venezuela/Colombia options.
The top drug cartel in Colombia is Clan del Golfo, which took over from Escobar's Medellin and Rodriguez-Orejuela's Cali. (Note: If Gustavo Petro doesn't concur with Trump next, expect POTUS to hit Colombia's reliance on US military aid. Colombia has always been the top US arms recipient in Latin America.) ☮️☮️☮️
Response to a Left-winger who insists “It’s about oil.”
THAT would be the classic Left-wing rationale, which I also concurred with in the past. Need we reangle the partisanship angst? As the 21st century strode in, geopolitical power play evolved, anchored on China shaking the grid.
These: Since 2018, the U.S. has been the world's top oil producer. And already, America gets 60 to 62 percent of Canadian oil exports. #2 and #3 US importers are Mexico and Saudi Arabia. The U.S. doesn't need Venezuela's oil; risks are high. If this “regime-change” styled hit is about oil, this is about China. Xi Jinping or the CCP is getting pissed that shipments of Venezuelan oil are threatened by Mr Trump's drama with Nic dude. Some 80+ percent of Caracas' oil goes to China (add that Chevron, while back in Venezuela since 2019, is also shipping oil to China).
Meanwhile, China is #3 buyer of U.S. oil. I bet, BRICS bros China and Russia told The D to finish this thriller now. Russia mediated (before the U.S. took out the Maduro couple) and it'd seem Nicanor was out to talk about drug trafficking. But obviously he didn't. So Don lost his patience. Enter Maria Corina Machado and oil shipments to China carry on. U.S./China trade truce stays. ☮️☮️☮️
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