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Former Navy Captain Brent Sadler joins 'Fox News Live' to discuss new U.S. military strikes in the Strait of Hormuz, rising crude oil prices and Iran's newly announced exclusion zone.#foxnews #foxnewslive
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<br>Iran (1953–present):
<br>The U.S. backed a coup against Iran’s elected government explicitly because Iran nationalized its oil industry. This set off decades of intervention framed as “security,” but rooted in maintaining Western control over petroleum.
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<br>Iraq (2003):
<br>Bush officials insisted the invasion had “literally nothing to do with oil,” yet Iraq held the second‑largest oil reserves in the Middle East, and Cheney’s energy task force had already flagged oil security as a top U.S. priority. The post‑invasion Task Force Rio was literally designed to restore and manage Iraqi oil production.
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<br>Venezuela (2019–2026):
<br>Trump’s interventions escalated from sanctions to outright military seizure of Venezuelan oil tankers. Analysts describe his strategy as “hydrocarbon colonialism” — using military force to redirect oil flows away from rivals and toward U.S.-aligned markets. The narcoterrorism narrative was the pretext, but the outcome was the same: control of nationalized oil.