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brokenciphertoday at 2:26 AM2 repliesview on HN

Isn't this the reason why they specifically targeted Venezuela, to get their oil?


Replies

jml7c5today at 4:55 AM

No, the two interventions are unrelated. Every indication is that they thought Iran would be a quick war with minimal impact on oil markets. Even if they did think the Strait of Hormuz would be closed for a long time, controlling Venezuela's oil does not help — it takes much longer than two months for Venezuela to meaningfully increase oil production. (And oil is ~fungible, so it doesn't really matter if the US is involved with production and sale. All that matters is that it's produced and sold by anyone.)

petcattoday at 2:42 AM

Venezuela and Iran are strategic targets to control China's supply of crude oil. That's pretty much it.

USA can produce all the oil/energy it needs for itself. Everything else is about controlling the energy supply to adversaries.

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