Mon. Dec 15th, 2025

Spurring conflict: Venezuela and the US thirst for foreign oil

In Pictures

Spurring conflict: Venezuela and the US thirst for foreign oil

US seizure of Venezuelan oil tanker has only added to accusations that Americans have long used their military to protect their oil interests abroad.

By Danylo Hawaleshka

Published On 15 Dec 202515 Dec 2025

Save

History Illustrated is a series of perspectives that puts news events and current affairs into historical context, using graphics generated with artificial intelligence.

For Venezuelan President Nicolas Maduro, knowing the world’s largest aircraft carrier, the USS Gerald R Ford, is off his coast can’t be a good feeling. And while some would welcome the military overthrow of a man they consider an authoritarian, others see US imperialism at work, motivated by Venezuela having the largest proven oil reserves in the world.

Advertisement

In 2015, the Peace Research Institute Oslo noted how “oil-thirsty” nations are more than twice as likely to intervene in a civil war in an oil-producing state, than an oil-exporting country is likely to intervene in a country that lacks oil. And while oil isn’t always the sole motivating factor for a military intervention, it often plays a big role.

In 1953, for example, the CIA and MI6 helped topple the democratically elected prime minister of Iran, Mohammad Mosaddegh. It followed Mossadegh’s decision to nationalise the Anglo-Iranian Oil Company, now British Petroleum.

During the Iran-Iraq war in the 1980s, the US sided with Iraq and also protected oil shipments in the Gulf. The US saw the conflict as an opportunity to keep Iran in check, while it ensured the oil kept flowing.

With Operation Desert Storm in 1991, the US intervened in Kuwait to expel Iraq’s occupying forces as well as defend Saudi Arabia. Both Kuwait and Saudi Arabia are major oil producers. Again, oil was widely seen as a US strategic interest.

In 2002, Venezuelan President Hugo Chavez survived a coup. The US is accused of giving its tacit approval by failing to prevent the coup despite knowing about it in advance. Again, critics blamed an American thirst for oil.

Advertisement

A year later, in the wake of 9/11, the US invaded Iraq, citing Saddam Hussein’s weapons of mass destruction. They were never found. While the US promoted the spread of democracy as a motive for the war, it was later revealed that the US had drawn up plans for Iraq’s oil.

Then in 2011, the US and the UK launched the opening missile salvoes that would help NATO overthrow the leader Muammar Gaddafi in Libya. It was done under a UN resolution to protect civilians, but people like Dina Mansour-Ille, at the Royal United Services Institute, note it “raises questions as to why the international community responded so quickly and forcefully in the oil-rich nation”.

Today, US forces are massing off the coast of Venezuela, with the Trump administration insisting it’s about curtailing the flow of illegal drugs. Critics remain unconvinced. Instead, they see another oil-rich country about to be subjected to yet another US military intervention.

Related Post

Resident doctors vote to go on strike in England as hospitals battle flu wave

What we know about the “Bondi hero” at Australia beach shooting

Who is Jimmy Lai, the media mogul convicted in Hong Kong?

You missed

Resident doctors vote to go on strike in England as hospitals battle flu wave

What we know about the “Bondi hero” at Australia beach shooting

Who is Jimmy Lai, the media mogul convicted in Hong Kong?

Sir Cliff Richard reveals prostate cancer treatment