By Admin 
After assuming power, US President Donald Trump has repeatedly reflected in his decisions that he is a businessman and his policies are based on this. Trade, profit and control over resources have been at the top of the Trump administration’s policies. In this series, Venezuela is also being considered a victim of this thinking of Trump. Experts say that the country’s vast natural resources are a major reason behind American strictness and military action on Venezuela.
the biggest treasure of oil
Venezuela has the world’s largest oil reserves. According to statistics, there are about 303 billion barrels of crude oil present in the country. In this matter, Venezuela is at first place and Saudi Arabia (267 billion barrels) is at second place. America has been eyeing this oil for a long time, especially when Venezuela’s oil infrastructure has become weak.
large coal reserves
Venezuela has reserves of more than 10 billion tons of coal. It contains a large amount of bituminous coal, which is considered important for electricity and industry. It is the third largest coal producing country in Latin America after Venezuela, Colombia and Brazil.
strength of iron and bauxite
Venezuela has reserves of 4.1 billion tonnes of high quality iron, which includes it among the top 10-12 countries in the world. Apart from this, Venezuela also has a large amount of bauxite, which is necessary for aluminum production. In this field, Venezuela is counted among the top 15 countries of the world.
Orinoco area became a gold mine
The Orinoco Mining Arc region of Venezuela is said to have huge reserves of gold. According to government claims, more than 8,000 tonnes of gold is present here. It is one of the largest gold reserves in Latin America, although illegal mining also remains a big problem here.
Politics being seen from business perspective
Experts believe that the Trump administration is viewing Venezuela not just as a political crisis but as a big business opportunity. Venezuela, rich in oil, gold and mineral resources, fits into Trump’s ‘Business First’ policy.