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It’s not just oil, stupid

Source: La Opinión de Málaga | Original Published At: 2026-01-05 06:00:24 UTC

Key Points

  • Venezuela's vast oil reserves and strategic resources are cited as key motivations for U.S. intervention.
  • The article links U.S. actions to preventing Venezuela's potential accession to BRICS, which seeks to reduce reliance on the U.S. dollar in international trade.
  • BRICS members (China, India) are noted as major buyers of Venezuelan crude, transacting in non-dollar currencies like the renminbi.
  • The article frames BRICS' expansion and its 'unit' digital currency initiative as threats to the petrodollar system underpinning U.S. economic dominance.
  • Geopolitical tensions are highlighted through U.S. efforts to counter BRICS' growing influence in Latin America and beyond.
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