đš Deripaska Warns: Venezuelaâs Oil Could Rewire Global Power
Russian billionaire Oleg Deripaska is sounding the alarm: if the U.S. expands influence over Venezuelaâs oil, it could materially shift global energy leverageâand leave Russia exposed.
đ„ Why this matters
Venezuela holds one of the largest proven oil reserves on the planet
If Washington gains meaningful sway over those barrels, U.S. leverage over supply (and the market narrative) increases
Pair that with close coordination with Saudi Arabia and other partners, and the U.S.-aligned sphere could influence an enormous share of global reservesâpotentially approaching ~50% depending on how you define âcontrolâ and âalignmentâ
â ïž What this could mean for Russia
Energy exports remain a core pillar of Russiaâs economy
More U.S. leverage over supply/pricing dynamics could compress Russian revenues
Sanctions + greater supply influence = pressure with fewer clean counter-moves
đ Bigger picture
This isnât just âgeopolitics.â Itâs energy leverage as statecraft. Oil affects:
Inflation
Trade balances
Currency stability
Alliances and security guarantees
Markets may be underpricing how quickly âenergy dominanceâ can translate into geopolitical dominance.
#OilWars #Geopolitics #EnergyMarkets #Russia #Venezuela #SaudiArabia
#GlobalEconomy #Macro #EnergyPower