this post was submitted on 07 Jan 2026
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Putin’s and Xi’s sunk costs: Why Trump’s Venezuela oil gambit could be bad news for Russia and China (meduza.io)
submitted 4 days ago by Hotznplotzn@lemmy.sdf.org to c/world@quokk.au
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cross-posted from: https://lemmy.sdf.org/post/48645217

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[...]

Trump’s Venezuela gamble threatens to upend years of painstaking work by Russia and China in a country that holds the world’s largest proven oil reserves. Both powers have invested heavily in Venezuelan crude, infrastructure, and political ties, filling the vacuum left by Western companies under sanctions. A potential U.S. return would not only challenge these positions but could also weaken China’s access to discounted oil and undercut Russia’s influence in Latin America.

[...]

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[–] etherphon@midwest.social 1 points 4 days ago

threatens to upend years of painstaking work

Well, that's what these people do, they shit over everyone elses hard work and collect money.