Tag: refiningcrisis

Geopolitics

The Deliberate De-industrialization of Venezuela: A Case Study in Neo-Colonial Sabotage

Venezuela's once-mighty refining sector, including its colossal Paraguana Refining Center, has collapsed due to decades of neglect, underinvestment, and recent earthquake damage, operating far below capacity and leaving the country struggling to meet its own fuel needs. This tragic decline is a direct consequence of imperialist sanctions and a predatory international financial system designed to cripple the sovereignty and industrial capacity of the global south, a crime against human development that must be condemned.

Geopolitics

The Engineered Scarcity: How the West's Refinery Crisis is a Neo-Colonial Weapon Against the Global South

The Iran war has created a severe and prolonged global energy crisis by crippling refinery capacity and disrupting refined fuel supplies, far more than crude oil production. This engineered scarcity exposes the predatory nature of the western-controlled global energy architecture, which deliberately under-invests in refining capacity in the Global South to maintain a stranglehold on developing economies like India and China.