Trump’s Venezuela Gambit Makes Oil a Tool of American Power
The surprise US attack and capture of Nicolás Maduro could reshape energy markets and America’s approach to economic statecraft.
An oil tanker anchored in Lake Maracaibo after loading crude oil at the Bajo Grande Refinery port in Venezuela.
Photographer: UCG/Universal Images Group Editorial/Getty Images
Subscribe to Trumponomics on Apple Podcasts
Subscribe to Trumponomics on Spotify
The US attack on Venezuela and its rendition of President Nicolás Maduro delivered one of the clearest signals yet of how President Donald Trump views power in a fractured global order. On this episode of Trumponomics, host Stephanie Flanders is joined by Javier Blas, a Bloomberg Opinion columnist and energy expert, and Chris Kennedy, lead analyst for economic statecraft at Bloomberg Economics and a former National Security Council official, to examine what Washington’s intervention means for oil markets, US foreign policy and the future of economic leverage.