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Larry Johnson : How Trump Steals Venezuelan Oil

Aug 31, 2026 · 23m

Summary

Judge Andrew Napolitano and Larry Johnson analyze President Trump’s erratic claims of total control over the Strait of Hormuz and the US strategic petroleum reserve. They discuss the global diesel and aviation fuel crisis caused by the cutoff of Persian Gulf crude, noting that Trump’s new agreement to seize Venezuelan oil reserves will not alleviate these shortages due to infrastructure deficits and the nature of heavy crude. The hosts critique the administration’s confabulations regarding military victories and the economic impact of rising energy costs on food prices.

Topics discussed

Intro: Preemptive war and the illegitimate use of force Sponsor segment: Gold and silver as inflation hedges Trump's claims of control over the Strait of Hormuz Analysis of Trump's 'confabulation' and war status Recent strikes and the 'failed nation' declaration Erratic behavior: Lake Ontario and energy crisis Legal implications of claiming the Strait as US territory Iran-Oman agreement and new shipping fees Strategic Petroleum Reserve depletion and refinery types Rising diesel prices and impact on food costs Oil executives' refusal to invest in Venezuela Venezuelan oil type vs. US gasoline needs Critique of the US-Venezuela oil deal announcement Upcoming meeting with Russian Foreign Minister Lavrov Show schedule and upcoming guests
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