US–Venezuela Fight Threatens New "Hemispheric Rivalry"
A clash that could disrupt energy flows, trade, and alliances
Within the past week, tensions between the US and Venezuela have exploded, pushing both sides closer to a military confrontation. The last time these conditions existed was in 2019, when a political crisis formed in Venezuela as Juan Guaidó, recognized by the West as the legitimate leader of the country, faced off against incumbent Nicolas Maduro, resulting in Trump 1.0 debating military force against the regime in Caracas.
But today, the situation is far more dangerous. US naval assets are amassing in the Caribbean and on Latin America’s Pacific coast, including advanced warships and submarines. The word from the White House is “dismantling drug trafficking.”
The door is opening to a new, disruptive geoeconomic fight with global consequences.
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