PetroCaribe

Given the hostility from the U.S. and other Western countries, foreign allies matter a great deal to Venezuela. Luckily for the regime, a cheap supply of oil also matters a great deal to its allies.

Tens of thousands of Haitians participated in protests across the country on Sunday to demand President Jovenel Moïse’s resignation. The mass action came after an audit found politicians had embezzled billions in development funds from PetroCaribe, a socialist Venezuelan program that granted poorer Western Hemisphere nations access to cheap oil.