"Good morning. In the whirlwind since the U.S. attacked Venezuela and shockingly arrested or "kidnapped" ("It's not a bad term," the president said) leader Nicolás Maduro, Donald Trump emphasized the need to control Venezuela's oil-and then threatened action against Colombia, Cuba, Mexico, and Greenland. The U.S. State Department posted, "This is our hemisphere." And Trump aide Stephen Miller said the U.S. could next seize Greenland, arguing we live in a "real world" governed by strength, force, and power."
"Here's what leaders need to know about the "Trump Corollary" to the Monroe Doctrine-which Trump renamed the "Donroe" doctrine-to dominate the Western Hemisphere and exert influence over its oil, gas, and critical minerals for national security purposes. Welcome to the age of 'petro diplomacy' Venezuela was clearly a warning shot to the hemisphere and the world, says Dan Pickering, founder of the Pickering Energy Partners consulting and research firm."
"Why now? The U.S. leads the world in oil and natural gas production, but its industries are maturing, meanwhile the U.S. needs help with critical minerals supply chains dominated by China. "Anything to keep more production close and friendly, I think we want to do," Pickering told Fortune. That said, "Any next military step [beyond Venezuela] seems a lot harder to justify.""
The United States used military force in Venezuela and detained Nicolás Maduro while signaling intentions to control regional oil resources and threaten neighboring states. The policy is framed as a new "Trump Corollary" to the Monroe Doctrine, dubbed the "Donroe," aimed at dominating the Western Hemisphere for oil, gas, and critical minerals deemed vital for national security. The strategy reflects concerns about maturing U.S. oil industries and critical minerals supply chains dominated by China, prompting efforts to keep production "close and friendly." Critics warn military moves could embolden China and Russia and provoke regional resistance.
Read at Fortune
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