The Kremlin will be looking to duplicate its recent Syrian success by propping up the Maduro regime in Venezuela. But just like with Bashar al-Assad, support comes at a price.
The diplomatic showdown between the United States and Venezuela will resonate in global oil prices, but not nearly as much as it might have in previous years.
Russia and China have been the Maduro regime’s most important financial backers. Now both stand to lose if the Venezuelan opposition takes power.
Another attempt at Taliban talks in Afghanistan, Venezuela’s oil industry struggles to fulfil its contracts, and Turkey secures a YPG pullout from Manbij.
Did President Trump’s hard line against Venezuela inadvertently help re-elect Maduro?
Mismanagement in Venezuela’s oil industry will only get worse as career officials are replaced en masse with military figures.
Is the Venezuelan government’s money tree withering at the root?
Moscow has thrown Venezuela a financial lifeline, but is it merely delaying the inevitable default?
The Venezuelan government appears to have scraped together enough money to make two large debt payments this week. But is it merely delaying the inevitable default?
The Maduro government is doing everything possible to deny the opposition a breakthrough in regional elections next week.