The Latin American nation of Venezuela faces dangerous destabilization with the United States and its allies having recognized opposition figure Juan Guaido as “president” and declaring actual Venezuelan president – Nicolas Maduro – no longer recognized.
In response, President Maduro has demanded US diplomatic personnel to leave the country.
Protests and counter-protests have reportedly taken to the streets as both sides attempt to seize the psychological and political initiative.
According to US Secretary of State Mike Pompeo – the impetus for Washington’s sudden interest in Venezuela is the suffering of the Venezuelan people.
Reuters in their article titled, “Pompeo calls on Venezuela’s Maduro to step down, urges support from military,” would claim:
In a statement, Pompeo said Washington would support opposition leader Juan Guaido as he establishes a transitional government and prepares the country for elections.
“The Venezuelan people have suffered long enough under Nicolas Maduro’s disastrous dictatorship,” Pompeo said. “We call on Maduro to step aside in favor of a legitimate leader reflecting the will of the Venezuelan people.”
In truth, Washington’s motivation is the fact that according to The Organization of the Petroleum Exporting Countries (OPEC) – Venezuela has the largest proven oil reserves on Earth – more than Saudi Arabia and accounting for nearly a quarter of all OPEC production.
The US doesn’t necessarily need this oil in terms of energy – but in terms of maintaining a US-led unipolar international order – controlling or crippling nations with large amounts of hydrocarbons prevents the emergence of a multipolar world nations across the developing world seek, led by reemerging global power – Russia – and newly emerging global power – China.
A Venezuela governed by a stable political order able to produce wealth from its massive oil reserves – and dedicated to a multipolar alternative to Washington’s current international order is intolerable for Wall Street and Washington and explains the vast amount of time, energy, money, and resources the US has invested in destabilizing and overthrowing first President Hugo Chavez – with a coup attempt in 2002 – and now President Maduro.