US Action in Venezuela Revives Cold War Fears, Tests India’s Strategic Autonomy
The US military action against Venezuela under Donald Trump has done more than destabilise an already fragile country. It has revived a question many believed belonged to history: are we edging towards a renewed era of great-power confrontation, where nations are again pressured to choose sides?
Washington frames the intervention as a matter of security and governance. Critics, however, see it as a projection of power in an oil-rich state at a time when global influence is being contested more fiercely than at any point since the end of the Cold War. Caught amid this churn is India, attempting to protect its interests without surrendering its strategic independence.
Why Venezuela Matters Beyond Latin America
Venezuela’s crisis has lingered so long that its global significance is often underestimated. Nevertheless, it is the repository of the world's largest proven oil reserves and is considered a prime factor in the strategic planning of opposing nations.
The last ten years saw the nation serve as a testing ground for different influences: the US imposed sanctions to exert pressure on the administration, Russia supported the regime politically to counter Western power, and China became deeply financially involved. Beijing has extended billions of dollars in loans tied to long-term oil supplies, making Venezuela not merely a partner but a component of China’s outreach to the Global South.
Viewed through this lens, a unilateral US strike is not just about Caracas. It signals Washington’s willingness to redraw influence lines using hard power, something Beijing and others read as a precedent, not an exception.
Cold War Echoes, But No Replica
Is this the start of a new Cold War? Not quite, at least not yet. There are no formal blocs, no rigid ideological camps, and no treaty-defined fault lines. But the behaviour is beginning to echo the past.
China’s response has been instructive. It has sharply condemned the US move as a violation of sovereignty while avoiding any direct military reaction. This restraint is deliberate. Beijing appears more interested in positioning itself as a defender of non-intervention than in directly confronting Washington.
The danger lies in repetition. If similar crises erupt across regions, from Latin America to Africa and the Indo-Pacific, the pressure on middle powers to align with one camp or another will intensify. A Cold War may not be declared, but it could still be lived.
Why World War 3 Remains Unlikely
Dramatic talk of World War 3 makes headlines, but it does not reflect strategic reality. There is no powerful motive for either China or Russia to engage in a direct military conflict with the US over Venezuela and take the risk. The risk of confrontation between nuclear powers is still too high to be taken lightly.
The actual threat is more complex, as global norms are increasingly being disregarded, fostering distrust and leading to the resort to violence at the expense of diplomatic means. Allied wars, cyber activities, sanctions, and economic pressures are far more prevalent than open conflict. However, the total effect of these methods may still be just as disruptive.
India’s Calculated Restraint
India’s response has been cautious by design. New Delhi has avoided endorsing Washington’s action, instead calling for restraint, dialogue, and respect for sovereignty.
This is strategic autonomy in practice, not rhetoric. India’s expanding partnership with the US in defence and technology has not translated into automatic support for American military interventions. At the same time, New Delhi has little reason to echo China’s moral positioning, given unresolved border tensions and deep strategic mistrust.
The message is clear: India will engage all major powers, but it will not outsource its foreign policy.
Economic Impact: Limited But Real
Venezuela no longer plays a major role in India’s energy imports; sanctions had already reduced purchases well before the latest crisis. Any immediate impact would come more from global price volatility than from supply disruptions.
Yet, instability anywhere in energy markets hurts developing economies the most. For India, the concern is less Venezuela itself and more a world sliding towards unpredictability, where geopolitical shocks complicate inflation control and growth planning.
A Larger Test
Trump’s Venezuela strike is ultimately less about one country than about the kind of world taking shape, one where power is asserted first and justified later. India’s challenge is to navigate this landscape without surrendering either principle or pragmatism.
So far, it has done precisely that: watching carefully, speaking cautiously, and refusing to become a footnote in someone else’s rivalry.
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