The United States has earned more than $12 billion from Venezuelan oil. According to The New York Times, the revenue was earned over the past nine months.
One country arrests the leader of another country, causes a change of government and earns income from its natural resources.
To what extent does this comply with international law? Is any response against the United States expected? Or is this a justified step?
Mutallim Rahimli, chairman of the Justice Party and a political commentator, told Globalinfo.az that US debt is approaching 400 trillion:
“This is a terrible figure. Even a slight loss of control over the situation could cause crises in the global economy. The United States intends to reduce this debt to a safe level. The highest revenues for this can be obtained from oil sales. At present, the United States needs oil prices to be high. This is because the United States now not only controls Venezuelan oil, but also has stakes in almost all major oil exporters. High oil prices on the global market are possible under the current circumstances only if conflicts in oil-producing regions continue.
Mutallim Rahimli
The United States has effectively succeeded in creating a situation that could be called an economy of chaos and is benefiting from it. The closure of the Strait of Hormuz created conditions for Venezuelan oil prices to rise. This brings Washington substantial revenue. In addition, US income from its participation in other oil companies has increased.
Illegal actions underpin all of this. First of all, US military intervention in Venezuela and Iran should be noted. However, in the current situation, the powerful are not judged. Therefore, a legal assessment of US actions will most likely not be made.”
Turan Rzayev
Globalinfo.az
