Doug Burgum’s visit to Caracas might seem, at first glance, a strange move within U.S. diplomacy.
The recent escalation of tensions between the United States, Israel, and Iran threatens not only the geopolitical stability of the Middle East but also global energy markets. While oil prices have surged and maritime insurers have restricted war-risk coverage in the Persian Gulf, experts warn about the fragility of the Iranian regime and the possible scenarios following the departure of Supreme Leader Ali Khamenei. In this context, Venezuela emerges as a strategic actor capable of influencing global crude supply, in the event of prolonged disruptions in the Strait of Hormuz.
Since the early hours of Saturday, the armed forces of the United States and Israel bombed several targets inside Iran, which has already responded with bombings on military bases of the former in the region.
