Russian and Chinese support for Venezuela has largely dried up, with no prospect of real military or financial aid.

    • chronicledmonocle@lemmy.world
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      1 day ago

      Pretty sure Russia has a surplus of oil because of sanctions (not to mention they’re already funding their own war right now) and China is trying to significantly electrify.

      Neither has a financial incentive to help an oil producing country like Venezuela, so they’re not interested.

      • mrdown@lemmy.world
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        1 day ago

        Despite electrification, oil is still critical to global military and economic power right now. Even the USA is electrifying but still want oil

        • BarneyPiccolo@lemmy.today
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          1 day ago

          Yeah, but Russia has tons of oil, due to sanctions by everyone, and China is right next door, and doesn’t recognize sanctions. Sure, their need may be decreasing, but it’s still significant. If Russia has lots of oil, and China is buying the surplus at a presumably lower rate (supply/demand), then Venezuela isn’t an oil priority right now. If they had something else that Russia and/or China need, then they’d be higher priority, but right now they simply aren’t important enough to confront America over.

          And the MAGAs probably knew that BEFORE they started harassing Venezuela.