During World War II, Venezuela played a significant yet often overlooked role. As one of the world’s largest oil exporters, the country became crucial to the Allied war effort. The United States and Britain relied heavily on Venezuelan oil to fuel their military machinery. Recognizing the strategic importance of their resources, Venezuela aligned more closely with the Allies, despite maintaining formal neutrality for much of the war.
Venezuelan President Isaías Medina Angarita initially preserved a neutral stance but supported the Allies through economic means. The country experienced an economic boom due to the increased demand for oil, which significantly boosted its revenues. The Venezuelan government also allowed the U.S. to establish air bases on its territory, enhancing the defense of the Caribbean against potential Axis threats. In 1941, German U-boats targeted Venezuelan oil tankers, prompting the government to bolster its defenses and enhance cooperation with Allied forces. By 1945, Ve
1 view
0
0
1 month ago 00:13:20 1
US Pressure on Latin America to Avoid BRICS: Lost America’s Backyard?
1 month ago 02:12:52 1
Olympics Opening Ceremony, Venezuela In Chaos, Trump’s Pledge To Crypto | PBD Podcast | Ep. 449
1 month ago 01:01:06 1
Jimmy Dore Interview - Another US-led Venezuelan Coup Attempt, Elon Musk & Manipulation Of The Right
1 month ago 00:09:24 1
The Real Story of Venezuela’s Economic Crisis with Ben Norton & Chris Jeffries | HR CLIPS
1 month ago 01:14:33 1
The Revolution Will Not Be Televised (documentary)