Harry Istepanian - Venezuela’s Oil and the Global Power Struggle | Ep 495, Dec 14, 2025

Chapters

1. 00:00 Intro to show with Harry Istepanian
2. 02:47 How low are the US StrategicPetroleum Reserves, and what does it matter?
3. 06:52 Why is the US resorting to a military solution, why not just buy Venezuela's oil?
4. 11:59 How quickly could Venezuela ramp up production in a positive political environment?
5. 12:45 What are the disks of an operation to the US, to Venezuela, and all of the Americas?
6. 13:28 Why is Venezuela the key for the US to bring the price of crude under $50/barrel?
7. 15:28 OPEC/OPEC+
8. 15:58 How much does the US produce in crude oil?
9. 17:22 Why is Venezuela's gap in production so crucial to the global market?
10. 22:18 How would crude under $50 affect oil producing GDPs, especially Russia's?
11. 25:17 How would the price of oil on the world market affect Azerbaijan?
12. 29:07 How are the Iran & Ukraine wars affected by the Venezuela oil play?
13. 31:15 Is the Venezuela move enough to break the GDPs of many geopolitical adversaries?
14. 34:09 Would Arab allies of the US consider the Venezuela move as a hostile act?
15. 36:24 How could the US hold oil producing allies harmless in case of an oil price drop?
16. 40:52 Could Venezuela be a preparation for a second war on Iran?
17. 45:53 About Harry Istepanian