The United States isolation of Venezuelan President Maduro and taking him and his wife to the United States for trial was only a strategic step to support the US economy, especially the dollar in the near future, after the United States sensed what the BRICS group was doing to weaken the dollar in preparation for getting rid of it, especially in commercial transactions, most importantly oil, as Venezuela tends to the BRICS group, which began to deal in local currencies instead of the dollar.
اضافة اعلان
Venezuela is on the world throne as the largest country in the oil reserves, which amounts to 303 billion barrels, so Trump's first step was to arrange the backyard of the United States, plus Canada, which may also be exposed in the near future to similar measures to Venezuela, but in another way, because Canada is the fourth country in the world oil reserves with 164 billion barrels, while Saudi Arabia occupies the second country in the world with a reserve of 267 billion barrels, which the United States has removed from joining the BRICS in the near future, and the United States has only Iran, which occupies the third the world has an oil reserve of 209 billion barrels, while occupying Iraq is the fifth in the world with a reserve of 145 billion barrels, then the UAE with a reserve of 113 billion barrels, and finally Kuwait with a reserve of 102 billion barrels; while the United States has an oil reserve of 55 billion barrels, making the reserves of the aforementioned eight countries is 1.36 trillion barrels out of 1.73 trillion barrels of the world's reserves combined, the eight countries make up 79% of the world's reserves .
What does it all mean?
1) The United States is trying to acquire world oil to support the dollar, strengthen its economy, control its price, impose its sale in dollars and prevent it from countries that compete or oppose it .
2) The former Seven countries are allies of the United States, with the exception of Venezuela and Iran, Venezuela has ousted its opposition President and now it is Iran's turn to control its oil.
3) The control of the United States over 79% of the world's oil will enable it to restrict its economic rival China and impose trade conditions on it to ensure that it does not have economic superiority over it in the near future.
4) Easy access of the United States to oil from Venezuela because of its proximity to US oil refineries and at lower costs.
5) In the event of a conventional World War and the closure of important corridors, the United States and the West will have oil alternatives, if the Strait of Hormuz is closed, which exports a fifth of the world's oil trade, Venezuela and Canada will be ready to supply the United States and the West as an alternative to closing the export of oil from the Strait of Hormuz and the United States will prevent its opponent China from benefiting from the oil of the Gulf and Iran together; not only this, but the United States is trying to control World waterways such as the Strait of Panama as well as the island of Greenland, which will have a strategic role by connecting the East with the West in the shortest way, so that it controls world oil as well as and we saw last week how United States intercepted a ship transporting Russian oil,it is possible that the United States will soon implement its plan to block oil from China, especially if the latter occupies the island of Taiwan.
Finally, the seizure of the wealth of peoples by force in our modern era will return the world to the former colonial times, which led to long-term conflicts and wars, and everyone emerges a loser from them.
GM of Jobkins Center for Strategic Studies.
Expert, strategic and economic analyst.
Engineer Mohannad Abbas Haddadin.
