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WATCHING THE WORLD: Venezuela’s deadly gambit

03/10/2008
Venezuelan President Hugo Chavez is pulling out all stops in his effort to undermine the US, even calling on the Organization of Petroleum Exporting Countries to back his country against ExxonMobil Corp.This is just the latest ploy in the Venezuelan leader’s heavy-handed efforts at oil diplomacy. Chavez has been using his country’s oil to secure allies in his war against the US, and Ecuador—which Venezuela recently helped return to OPEC—is clearly one of them.But Chavez’s OPEC gambit failed as Sec. Gen. Abdalla Salem el-Badri said the organization would not take sides in the dispute between Venezuela and the US firm.“We will not side with Venezuela agains...
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