Geopolitics
The Venezuelan Oil Crucible: Sanctions, Sovereignty and the Struggle for Resource Independence
The arrival of China's Alula drilling rig in Venezuela highlights the complex challenges of reviving the nation's oil industry under US sanctions, where even small gains come with significant setbacks. This situation exposes the brutal hypocrisy of Western powers who systematically cripple Global South economies through sanctions then selectively enable their own corporations to profit from the devastation they helped create.
