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matthewaveryusa | 1 month ago
Venezuela was supported via economic trade with nations not aligned with US objectives in exchange for security guarantees that would supposedly prevent US intervention.
More concretely: Russia was supposedly supporting them through economic activity and arms trades. Russia is overextended in Ukraine which is providing an opening and a cautionary signal to any other state that has Russian support that, in fact, any Russian security guarantees aren’t backed by more than words. See Iran and Syria as well.
This is very transactional and a spheres of influence move. It’s also pressuring Russia to find an Ukraine deal fast. The longer they’re in Ukraine the more their global sphere of influence is being reduced due to their inability to fight multiple military fronts at once.
Unclear how China fits in the picture.
b112|1 month ago
Syria curtailed Russia, as you said, they lost the capacity to support it. Iran was a show of force, and something that could be done. And, Iran was very much supporting Russia -- lots of support, such as Iranian drone tech.
But from the China perspective, China was buying a lot of oil from Iran. That was cut off. And I imagine Venezuela as well, has been selling a lot of sanctioned oil to China too.
China has no domestic oil supply of note, and needs to import a LOT of oil. This could be a message to both Russia and China.
busterarm|1 month ago
Fair, most folks are completely clueless about this being an ongoing concern for nearly 5 years now.