Venezuela’s Presidential Crisis 2019, America’s Interest and the Tendency Towards an External Military Intervention by the United States of America
Publication Date: 17/09/2020
Author(s): Emeribe Kehinde Yejide (Ph.D).
Volume/Issue: Volume 3 , Issue 5 (2020)
Abstract:
In recent times, US infringement in the Venezuelan Presidential Crisis of 2019 has spurred reactions all over the world. Washington’s support for the self-declared opposition leader of Venezuela, Juan Guaido, over the legitimate and democratically elected President, Nicholas Maduro has intensified since the former was recognised as the country’s leader over the latter by the US and her allies. Venezuela became a nation to reckon with since the discovery of crude oil in 1922. Presently, she has the highest oil reserves in the world with over 300billion barrels. Since the discovery of oil, different Venezuelan regimes have been faced by several attempts by the United States of America to gain control over the Nation’s oil wealth, just like history bears record in Iraq and Libya before it. It is against this backdrop of US infringement into the affairs of oil rich Nations and their ultimate bid to ensure their interest in control their resources by any means, not excluding an external military intervention, that this paper focused on. Adopting a qualitative research method and the content analysis data collection and data analysis technique, we were able to establish the assumption that the US is strongly inclined to an external military intervention in Venezuela in order to ensure that the interest she has at stake-the Venezuelan oil reserves –eventually falls into her hands.
