Venezuela, China, and the Defense of the Petrodollar: Libya 2.0?
Venezuela, China, and the Defense of the Petrodollar: Libya 2.0? * The escalating U.S.–Venezuela confrontation is not about drug trafficking – it’s about oil, China and the survival of the petrodollar. As Caracas shifts its exports into Yuan and Tether, Washington responds with military pressure. Is this the prelude to a “Libya 2.0” — a strike to protect the dollar’s global dominance?