Trump’s Oil Heist in Venezuela – Steve Ellner & Ricardo Vaz

January 8
41 mins

Episode Description

President Donald Trump entered office backed by fossil-fuel executives, hedge-fund financiers, and the AI-military industrial complex, then used sanctions, military pressure, and trade coercion against Venezuela to dismantle national control over its oil sector—culminating in a $2 billion crude deal that redirects Venezuelan exports from China to the United States and rewards major political donors. Prof. Steve Ellner and Journalist, Ricardo Vaz explain, this outcome is not an aberration, but rather the latest chapter in a long-standing struggle over PDVSA, oil sovereignty, and U.S. hemispheric dominance—where economic warfare supplants diplomacy and state power is deployed for private gain.
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