The
contest surrounding Venezuela and Iran reflects a broader struggle between
great-power dominance and national sovereignty. While temporary accommodations
may emerge, the geopolitical rivalry over energy resources, political
independence, and global influence is unlikely to disappear anytime soon.
For both Venezuela and Iran, sovereign control over their
hydrocarbon resources is essential for maintaining even a limited degree of
political independence. Historically, both countries challenged Western
dominance of their energy sectors. In Iran, Prime Minister Mohammad Mossadegh
nationalized the oil industry in 1951, triggering a CIA-backed coup that
removed him from power. Venezuela followed a similar path when it consolidated
its oil industry under the state company Petróleos de Venezuela, S.A., a process
later reinforced during the presidency of Hugo Chávez. As founding members of the Organization of the
Petroleum Exporting Countries (OPEC), both countries sought to strengthen
collective leverage against Western oil dominance.
Their resistance to the US-led international order also
shaped their broader foreign policies. Iran emerged as a central actor in
regional resistance movements and a vocal supporter of Palestinian rights.
Venezuela similarly backed Palestinian self-determination and severed
diplomatic ties with Israel in 2009, while maintaining strong relations with
Cuba and other governments critical of US foreign policy.
Washington’s response has largely taken the form of
sanctions and political pressure. In 2015, US President Barack Obama declared Venezuela an “extraordinary
threat” to US national security, opening the door for unilateral coercive
measures. These pressures were intensified under Donald Trump, whose
administration pursued “maximum pressure” campaigns against both Caracas and
Tehran. Targeted killings, including that of Iranian General Qasem Soleimani,
further demonstrated Washington’s willingness to employ force to advance its
strategic objectives.
Energy markets also play a role in shaping geopolitical
timing. Escalation with Iran has frequently coincided with concerns about
global oil supply, particularly the vulnerability of shipments passing through
the strategic Strait of Hormuz. In such circumstances, Venezuela’s vast oil reserves are often viewed as
a potential buffer capable of stabilizing global supply if disruptions occur in
the Middle East.
Despite years of sanctions and pressure, Venezuela has
demonstrated notable political resilience. Even amid attempts to isolate the
government of President Nicolás Maduro, leadership continuity under Vice
President Delcy Rodríguez has helped maintain state authority. Diplomatic
engagement between Washington and Caracas has intermittently resumed,
reflecting the reality that even adversaries must sometimes negotiate.


















