A confluence of factors suggests that such a Panama-style invasion of Venezuela is not only a possibility, but increasingly likely.
The impact of coronavirus has destroyed the demand for oil and neither Saudi Arabia, Russia or the United States will escape the resulting price war unscathed.
Faced with an escalating crisis brought on by the global outbreak of COVID-19, Saudi Arabia made a conscious decision to increase oil production in order to avert a potential oil-price collapse. The move sent an already faltering global economy into a tailspin. The trouble began at the beginning of March, after Russia rejected an ultimatum