Steven Dunning

[Steven Dunning @sdunning53]

@FOXFOOTY Why do it?

[Steven Dunning @sdunning53]

@CryptoTice_ Not according to China Dept of Foreign Affairs.... lol

[Steven Dunning @sdunning53]

@FOXFOOTY @ClarkyHeraldSun So what is the story here? Someone said something to someone on the field that was derogatory? I'm sure that never happens ...

[fakrul hasan @fakrulhasankhan]

@MOSSADil

[Brian Allen @allenanalysis]

304 BILLION BARRELS.

That’s the real reason Venezuela matters.

Sky News just laid it out plainly: Trump’s Venezuela obsession was never really about drugs. It’s about oil, specifically heavy crude.

The U.S. now produces tons of light shale oil, but our Gulf Coast refineries were built for heavy, gloopy crude. They need it to function. And guess who has the largest proven reserves of heavy oil on Earth?

Venezuela.

Canada has some. Russia has some. But Venezuela has the most, 304 billion barrels sitting underground. That’s why tankers, sanctions, regime change talk, and now bombs.

It was never about fentanyl.
It was never about democracy.

It’s about feeding refineries, controlling supply, and locking down oil before rivals do.

[Fifty Shades of Whey @davenewworld_2]

9 months before the 2024 election, Trump said he wanted Venezuela to collapse so he can take them over for oil, and now he's bombing Caracas on the first full moon of 2026. This was never about drugs. It was always about oil.

[Ricardo @Ric_RTP]

The real reason the US is invading Venezuela goes back to a deal Henry Kissinger made with Saudi Arabia in 1974.

And I'm going to explain why this is actually about the SURVIVAL of the US dollar itself.

Not drugs. Not terrorism. Not "democracy."

This is about the petrodollar system that has kept America the dominant economic power for 50 years.

And Venezuela just threatened to end it.

Here's what really just happened:

Venezuela has 303 billion barrels of proven oil reserves.

The largest on Earth.

More than Saudi Arabia.

20% of the entire world's oil.

But here's the part that matters:

Venezuela was actively selling that oil in Chinese yuan. Not dollars.

In 2018, Venezuela announced it would "free itself from the dollar."

They started accepting yuan, euros, rubles, anything BUT dollars for oil.

They were petitioning to join BRICS.

They were building direct payment channels with China that bypass SWIFT entirely.

And they were sitting on enough oil to fund de-dollarization for decades.

Why does this matter?

Because the entire American financial system is built on one thing:

The petrodollar.

In 1974, Henry Kissinger made a deal with Saudi Arabia:

All oil sold globally must be priced in US dollars.

In exchange, America provides military protection.

This single agreement created artificial demand for dollars worldwide.

Every country on Earth needs dollars to buy oil.

This lets America print unlimited money while other countries work for it.

It funds the military. The welfare state. The deficit spending.

The petrodollar is more important to US hegemony than aircraft carriers.

And there's a pattern of what happens to leaders who challenge it:

2000: Saddam Hussein announces Iraq will sell oil in euros instead of dollars.

2003: Invaded. Regime change. Iraq's oil immediately switched back to dollars. Saddam lynched.

The WMDs were never found because they never existed.

2009: Gaddafi proposes a gold-backed African currency called the "gold dinar" for oil trade.

Hillary Clinton's own leaked emails confirm this was the PRIMARY reason for intervention.

Email quote: "This gold was intended to establish a pan-African currency based on the Libyan golden Dinar."

2011: NATO bombs Libya. Gaddafi sodomized and murdered. Libya now has open slave markets.

"We came, we saw, he died!" Clinton laughed on camera.

The gold dinar died with him.

And now Maduro.

With FIVE TIMES more oil than Saddam and Gaddafi combined.

Actively selling in yuan.

Building payment systems outside dollar control.

Petitioning to join BRICS.

Partnered with China, Russia, and Iran.

The three countries leading global de-dollarization.

This isn't coincidence.

Challenge the petrodollar. Get regime changed.

Every. Single. Time.

Stephen Miller (US homeland security advisor) literally said it out loud two weeks ago:

"American sweat, ingenuity and toil created the oil industry in Venezuela. Its tyrannical expropriation was the largest recorded theft of American wealth and property."

He's not hiding it.

They're claiming Venezuelan oil BELONGS to America because US companies developed it 100 years ago.

By this logic, every nationalized resource in history was "theft."

But here's the DEEPER problem:

The petrodollar is already dying.

Russia sells oil in rubles and yuan since Ukraine.

Saudi Arabia is openly discussing yuan settlements.

Iran has been trading in non-dollar currencies for years.

China built CIPS, their own alternative to SWIFT with 4,800 banks in 185 countries.

BRICS is actively building payment systems that bypass the dollar entirely.

The mBridge project lets central banks settle trades instantly in local currencies.

Venezuela joining BRICS with 303 billion barrels of oil would accelerate this exponentially.

That's what this invasion is really about.

Not stopping drugs. Venezuela accounts for less than 1% of US cocaine.

Not terrorism. There's zero evidence Maduro runs a "terror organization."

Not democracy. The US supports Saudi Arabia, which has zero elections.

This is about maintaining a 50-year-old agreement that lets America print money while the world works for it.

And the consequences are terrifying:

Russia, China, and Iran are already denouncing this as "armed aggression."

China is Venezuela's biggest oil customer. They're losing billions.

BRICS nations are watching a country get invaded for trading outside the dollar.

Every nation considering de-dollarization just got the message:

Challenge the dollar and we will bomb you.

But here's the problem...

That message might accelerate de-dollarization, not stop it.

Because now every country in the Global South knows what happens if you threaten dollar hegemony.

And they're realizing the only protection is to move FASTER.

The timing is insane too:

January 3rd, 2026. Venezuela invaded. Maduro captured.

January 3rd, 1990. Panama invaded. Noriega captured.

36 years apart. Almost to the day.

Same playbook. Same "drug trafficking" excuse.

Same real reason: control of strategic resources and trade routes.

History doesn't repeat. But it rhymes.

What happens next:

Trump's press conference at Mar-a-Lago sets the narrative.

US oil companies are already lined up. Politico reported they've been approached about "returning to Venezuela."

The opposition will be installed. Oil will flow in dollars again.

Venezuela becomes another Iraq. Another Libya.

But here's what nobody's asking:

What happens when you can no longer bomb your way to dollar dominance?

When China has enough economic leverage to retaliate?

When BRICS controls 40% of global GDP and says "no more dollars"?

When the world realizes the petrodollar is maintained by violence?

America just showed its hand.

The question is whether the rest of the world folds or calls the bluff.

Because this invasion is an admission that the dollar can no longer compete on its own merits.

When you have to bomb countries to keep them using your currency, the currency is already dying.

Venezuela isn't the beginning.

It's the desperate end.

What do you think?

[Steven Dunning @sdunning53]

@Aryan42832Goel That's not the problem. The problem is it's more like 11 v 6

[Steven Dunning @sdunning53]

@iman_560 4

[Steven Dunning @sdunning53]

@HutchisHonkers @HKJC_Racing @WorldPool @JaseRicho They let Hutchi back in?

[Steven Dunning @sdunning53]

@lady_valor_07 1050

[Steven Dunning @sdunning53]

@7AFL @cleary_mitch So WA and SA clubs miss out on the benefit of starting a week earlier. #compromised

[Steven Dunning @sdunning53]

@PeterSchiff Missed the 🚢?

[Steven Dunning @sdunning53]

@RealAlexJones #redneckwonderland

[Steven Dunning @sdunning53]

@RealVision Sh!tcoin. Reduce.
Plenty of better ERC-20 tokens to invest in

[Steven Dunning @sdunning53]

@JakebWaddell The flog of a sports editor should be sacked. Will single-handedly be the reason why Harley Reid leaves

[Steven Dunning @sdunning53]

@TimGossage NFI

[Steven Dunning @sdunning53]

@JakebWaddell @TheWestSport @westaustralian Joke paper run by joke journos

[Steven Dunning @sdunning53]

@WillSchofield Sling tackles ok are they? Venables & Angus Brayshaw may disagree

[Steven Dunning @sdunning53]

@FefeDemeny Go skiing?