Oil

Soldiers walking in field

Armenia and Azerbaijan: On the Brink of War Again?

The clashes in the separatist region of Nagorno-Karabakh in Azerbaijan could turn into a full-scale conflict involving other regional powers. With economic, health, and ecological crises rising worldwide, geopolitical conflicts and capitalist aggression will also increase.

Trump Threatens War with Iran for Oil

The price of oil has been collapsing, and last week it reached negative values. Trump’s threats to Iran were enough to cause a rebound in prices. But the effects were short-lived. They expose Trump’s return to “America First” politics in the midst of the pandemic and crisis, signaling the rivalries and competition between powers in the coming period.

The Plunder of Venezuela’s Oil

International corporations are trying to pillage Venezuelan oil, taking advantage of the economic catastrophe ravaging the country. Plans for privatization are supported by the Maduro government and the right-wing opposition.

Against corruption and privatization: Brazilian oil for Brazilian workers

With the recent corruption scandal in Petrobras, foreign investors seek to profit off of Brazilian oil. While former president Cardoso was much more aggressive and vocal about privatizing Petrobras, both Workers’ Party presidents Lula and Dilma have furthered the privatization. Workers must fight against all forces behind the privatization of Petrobras and build a movement for a 100% state-owned Petrobras, managed by workers. This is the only way Brazilian oil will help build badly-needed infrastructure and serve the people.