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The Trump administration would love to push the Chinese and the Russians out of the western hemisphere, and setting up a new western-friendly government in Venezuela would be a huge step in that direction. Most people do not realize this, but Venezuela actually has more proven oil reserves than anyone else on the entire planet, and that includes Saudi Arabia. President Trump and his team are gambling that the Chinese and the Russians will stand down and allow them to do whatever they want with Venezuela. But what if they don't? The Chinese and the Russians have both spent decades developing very deep ties with Venezuela, and now they are both absolutely furious.
Over the past two decades, the Russians have sold the Venezuelans approximately 20 billion dollars worth of military equipment, and they just signed a major strategic partnership agreement on May 7th.
The Chinese have lent the Venezuelans approximately 60 billion dollars over the last couple of decades, and China has been purchasing more oil from Venezuela than the rest of the world combined.
An emergency session of the UN Security Council has been called for Monday, and I am sure that the Russians and the Chinese are both going to have plenty to say…
The United Nations Security Council is due to meet on Monday after the US attacked Venezuela and deposed its long-serving autocratic President Nicolas Maduro, a move that UN Secretary-General Antonio Guterres views as setting "a dangerous precedent."