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Venezuela’s economy looks like a smaller version of Russia’s. It is built almost entirely on oil, controlled by a small group at the top, while ordinary people struggle. Power stays in the same hands not because the system works, but because oil exports keep money flowing to the government, no matter how bad the economy becomes. When oil sells, the regime survives.

This is where global power comes in. The United States has strong influence over global oil trade, shipping routes, finance, and buyers. Just like with Russia, pressure on oil exports can quickly change the balance. When access to markets, insurance, payments, or shipping is restricted, oil becomes much harder to sell — and the political cost rises fast.

That’s why some analysts argue the real leverage is not speeches or sanctions alone, but control over oil flows. Cut the export lifeline, and the system feels it immediately. Whether this path is taken or not, one thing is clear: in oil-dependent states, energy is not just an industry — it is power itself.