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The US and Venezuela: acentury-old relationship drenched in oil

A visual look at how Washington’s relationship with Caracas has gone from cordial to ‘predatory’

This story summarizes reporting from The Guardian. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on The Guardian
Oliver Holmes, Seán Clarke and Lucy Swan3 Sept 2026, 10:00 amUpdated 5h ago1 min readWorldWorld
The US and Venezuela: a century-old relationship drenched in oil

WorldOliver Holmes, Seán Clarke and Lucy Swan

A visual look at how Washington’s relationship with Caracas has gone from cordial to ‘predatory’

Trump ally defends Venezuela oil deal amid ‘gunpoint diplomacy’ criticism

Written in the middle of the last century, the US Department of State memo conveys its message in a curt and undiplomatically honest tone: the glue that binds Washington to Caracas is, and is always likely to be, oil.

“All US policies toward Venezuela are affected in greater or less degree by the objective of assuring an adequate supply of petroleum for the US,” the 1950 document reads.

Trump ally defends Venezuela oil deal amid ‘gunpoint diplomacy’ criticism

This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian

Source: The Guardian · Oliver Holmes, Seán Clarke and Lucy Swan. Published 3 Sept 2026, 10:00 am.

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