Archived […] Trump’s Venezuela gamble threatens to upend years of painstaking work by Russia and China in a country that holds the world’s largest proven oil reserves. Both powers have invested heavily in Venezuelan crude, infrastructure, and political ties, filling the vacuum left by Western companies under sanctions. A potential U.S. return would not only challenge these positions but could also weaken China’s access to discounted oil and undercut Russia’s influence in Latin America. […]
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