Trump’s Venezuela Oil Strategy Sparks Market Turmoil
The article argues that the transition to electric vehicles can significantly reduce global oil demand, which in turn could decrease conflicts driven by oil resources, such as the US invasion of Venezuela. It highlights how EVs and renewable energy sources can help diminish the geopolitical and social harms caused by oil dependency, and notes that oil consumption is already declining in many parts of the world due to increased adoption of EVs and energy efficiency measures.