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this post was submitted on 03 Mar 2026
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Also to keep in mind is that Iran and Venezuela are not isolated. They are a coherent plan. Without Venezuelan oil the US couldn't keep the war in Iran for longer due to prices sky-rocketing.
I think it actually might not be that straightforward. Venezuelan production is insufficient to address the impact on the oil trade caused by conflict with Iran.
Instead I think that the US is reliant on the oil from Guyana and Venezuela was displaying willingness and ability to interdict the oil production there, which the strategists probably saw as a risk in the scenario where Iran closed Hormuz.