US-Venezuela: From Firm Ally to Dangerous Flashpoint Under Trump

World
M
Moneycontrol•21-12-2025, 14:31
US-Venezuela: From Firm Ally to Dangerous Flashpoint Under Trump
- •For decades, Venezuela was a key US ally in Latin America, valued for its democracy, anti-communism, and vast oil reserves, with the US supporting its stability.
- •The relationship deepened through diplomacy, energy cooperation, and US arms sales, even surviving Venezuela's oil nationalization in the 1970s.
- •The election of Hugo Chávez in 1998, fueled by public anger, marked a turning point; a failed 2002 coup made him openly hostile to Washington.
- •Chávez reversed market reforms and tightened state control over oil, leading to a breakdown in relations, continued by his successor Nicolás Maduro.
- •Under President Donald Trump, tensions escalated significantly, with the US framing Venezuela as a national security threat and employing military posturing.
Why It Matters: US-Venezuela ties devolved from a strong alliance to a dangerous flashpoint over decades.
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