Venezuela: Will India give in to US pressure?


Venezuela: Will India give in to US pressure?

Where there is oil and natural gas there is the potential for conflict. From West Asia to the South China Sea, from Latin America to Central Asia and in places across Africa, the control of the sources of energy—the fuel of economic growth—has been a key factor in defining conflict through most of the past century.

During the cold war, many such conflicts were garbed in ideology. With the fear of communism overpowering capitalism declining, with China chasing capitalism in the name of socialism, the naked use of power to grab oil and gas became all too visible.

No other commodity has moved the militaries of the United States and its allies around the world more than oil and gas. No other commodity has been responsible for regime change in the developing world more than oil. Read More

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