HomeTacticalIt’s All About The Oil: Trump Wants “Oil Rights” In Venezuela

It’s All About The Oil: Trump Wants “Oil Rights” In Venezuela

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From the beginning, when the United States ruling class began its bombing campaign on “narco terrorist” civilian vessels in the Caribbean, most understood it wasn’t about drugs. The U.S. wasn’t committing war crimes in order to stop a few civilian drug smugglers from getting illicit substances into the U.S., and now, we know the truth. It’s all about “oil rights”.

Since September, US forces have conducted strikes against alleged drug traffickers operating at sea, killing more than 90 people in operations targeting what Washington describes as cartel-linked vessels. Trump has also threatened to extend strikes onto Venezuelan territory, accusing Caracas of harboring “narcoterrorists” – allegations the Venezuelan government has denied. –RT

While speaking with journalists on Wednesday, U.S. ruler Donald Trump admitted that this escalation toward war with Venezuela is all about “oil rights” that were “taken” from Washington’s elitists. Trump said other assets were taken as well, and that had prompted his decision to impose a naval blockade on the Latin American state.

On Tuesday, Trump announced “a total and complete blockade of all sanctioned oil tankers going into, and out of, Venezuela… until such time as they return to the United States of America all of the oil, land, and other assets that they previously stole from us.”

Trump Orders A “Complete Blockade Of Sanctioned Oil Tankers” Coming In and Out Of Venezuela

In 1976, Venezuela nationalized its oil industry by creating a state-owned company dubbed PDVSA and ending direct foreign ownership of oil reserves. Under President Hugo Chavez in 2007, the government took majority control of large oil projects. Several Western energy companies, including ExxonMobil and ConocoPhillips, exited the country after refusing the new terms and later pursued arbitration claims.

Accoridng to a report by RT, Caracas has condemned the blockade as illegal and in violation of international law, free trade, and freedom of navigation. The Venezuelan government dismissed Trump’s claims, insisting that its oil and mineral resources are sovereign property. “Venezuela will never again be a colony of an empire or any foreign power,” Vice President Delcy Rodríguez said.

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