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Oleg Deripaska warns US control of Venezuela oil could pressure Russia's economy

"Russian billionaire Oleg Deripaska warns that U.S. control of Venezuela's oil could pressure Russia's economy by keeping prices near $50/barrel. Discover the implications."

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Oleg Deripaska warns US control of Venezuela oil could pressure Russia's economy
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Russian billionaire Oleg Deripaska has issued a warning regarding potential U.S. control over Venezuela"s oil fields. He stated that if the United States secures control in Venezuela, following its recent activities in Guyana, it could oversee more than half of the world"s oil reserves.

Deripaska expressed concern that this scenario would enable Washington to maintain oil prices around $50 a barrel. He believes this situation could exert significant pressure on Russia"s state-capitalist economic model.

These remarks come amid ongoing discussions about U.S. involvement in Latin American oil markets. For further context on U.S. foreign policy in the region, see recent developments regarding the Monroe Doctrine and hemispheric defense.

As the geopolitical landscape evolves, the implications of U.S. actions in Venezuela and Guyana continue to be a topic of concern for Russian economic interests.