This is why Trump's crazy Venezuela plan will fail - and blow back on the US from Geopolitical Economy Report

Geopolitical Economy Report

Ben Norton

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This is why Trump's crazy Venezuela plan will fail - and blow back on the US

56 minutes Posted Jan 12, 2026 at 1:25 pm.

US attack on Venezuela

(CLIP) Trump: USA will "run the country"

Two main US demands for Venezuela

Chavista government is intact

Oil corporations are skeptical

Trump's oil deal with Venezuela

US oil industry benefits rich elites

China, Russia, Iran, Cuba ties

USA wants heavy crude

Economic war

Marco Rubio targets Cuba

China and Venezuelan oil

Pete Hegseth threatens China & Russia

US seizes Russian-flagged tanker

Trump wants $1.5 trillion military budget

Trump bombed 7 countries in 2025

China's oil imports by country

Imperialist Monroe/Donroe Doctrine

Desperation of declining US empire

International law & UN Charter

China: South America's top trading partner

Forcing Venezuela to buy US products

Latin America exports

US is trade competitor with Latin America

US National Security Strategy

Pressure to cut ties with China

Geopolitics vs trade

USA threatens Venezuelan officials

Opposition leader María Corina Machado

Acting President Delcy Rodríguez

Delcy Rodríguez reaffirms China support

Trump will not have a US colony

Chevron deal in Venezuela

Sanctions exemptions in oil sector

US sanctions devastated oil industry

US purchases of Venezuelan oil

US imports heavy crude

US oil refineries want heavy crude

Oil companies say it's "uninvestable"

Oil deal possible, but not colonialism

High cost of Venezuelan crude

Global oil supply glut

US oil companies want gov't benefits

Destructive US interventions

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Donald Trump claims he will "run" Venezuela, after he bombed it and abducted President Nicolás Maduro. However, his plan makes no sense -- and will likely blow back on the USA. Acting President Delcy Rodríguez is still independent, and not cutting off China. US sanctions devastated Venezuela's oil infrastructure, and its heavy crude is expensive to produce -- and US companies do not see it as profitable enough, amid a global supply glut. Ben Norton explains.

VIDEO: https://www.youtube.com/watch?v=GbpdfPK8jVE

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