Venezuela has accused Donald Trump of making a “colonialist threat” after he said the airspace around the country should be considered closed.
The country’s foreign ministry called Trump’s comments “another extravagant, illegal and unjustified aggression against the Venezuelan people”.
The US does not legally have the authority to close another country’s airspace, but Trump’s online post could lead to travel uncertainty and deter airlines from operating there.
They have oil. That’s the reason.
It’s not even good oil though! It’s hard to refine.
But the US has a lot of refineries on the Texan coast, which are designed to refine Venezuelan oil. Canadian crude can not be easily supplied, due to KeystoneXL having been blocked and Mexican crude is just not enough to run those refineries at capacity.
Baby don’t care. Baby, drill!