Coercion, Sovereignty, and the Limits of Power: Venezuela’s Oil and the Fragility of Modern Hegemony
Few days ago, the United States announced it would control and market Venezuelan oil “indefinitely,” selling an initial 30–50 million barrels on global markets and managing the proceeds in U.S.‑controlled accounts. U.S. officials framed this move as essential for stabilizing Venezuela’s economy and rebuilding its oil sector. But the coercive mechanics and political rhetoric accompanying […]










