Oil Wealth, Extraction Challenges, and US Business Interest

What’s going on between the United States and Venezuela? The Trump administration has been defending its seizure of an oil tanker off the Venezuelan coast. In a dramatic video shared by the US Attorney General, armed camouflaged soldiers are shown swinging down ropes from low flying helicopters, and running along the vessel’s decks.

The US claims the tanker is used to transport sanctioned oil from Venezuela and Iran in an "illicit oil shipping network supporting foreign terrorist organisations". The Venezuela government in response has called the seizure blatant theft, claiming Trump is after the country’s rich oil and energy resources.

In this episode, Sarah and Justin unpack how far Donald Trump is willing to go in his ongoing campaign against the Venezuelan leader Nicolas Maduro. In recent months, the US president has accused Maduro of “forcing” criminals into the US and facilitating drug smuggling, which Maduro denies. And this week, Defence Secretary Pete Hegseth has defended the killing of over 80 people in US military strikes on alleged drug boats as the “Al Qaeda of our hemisphere”.

The Americast team also look at how this fits in with other South American countries, with Trump recently offering Honduran ex-president Juan Orlando Hernández a ‘full and complete pardon’.

Presenter: Justin Webb, and Sarah Smith

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This episode was made by George Dabby with Alix Pickles and Grace Reeve. The technical producer was Michael Regaard. The series producer is Purvee Pattni. The senior news editor is Sam Bonham.

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