A Clash Over Oil: Venezuela and the US Face Off

Venezuela is not happy with the US. The country's representative at the United Nations, Samuel Moncada, recently accused the US of trying to take control of Venezuela's resources. He said the US is using force to get what it wants, calling it the biggest act of extortion in Venezuelan history. The US seized two oil tankers from Venezuela this month. Moncada said this is a big crime and that the US is trying to take Venezuela's land, oil, and minerals. He asked, "What right does the US have to take almost 4 million barrels of Venezuelan oil? " The US, however, sees things differently. Michael Waltz, the US representative at the UN, said the US does not recognize Venezuela's President, Nicolás Maduro, as the country's legitimate leader. He accused Maduro of being involved in drug trafficking and said the seized oil tankers are a main source of income for Maduro's government.This conflict between the US and Venezuela has caused oil prices to rise. Over the past week, the prices of crude oil, gold, and silver have gone up. Venezuela has the largest oil reserves in the world, so any tension involving the country can affect global oil prices. Some people might wonder why the US is so interested in Venezuela's oil. It's important to remember that oil is a valuable resource, and many countries want to control it. But is it right for one country to try to take another country's resources by force? That's a question worth thinking about.