Jeffrey Sachs Accuses CIA in Venezuela Oil Fire, Slams US Foreign Policy
Sachs Blames CIA for Venezuela Oil Fire, Attacks US Policy

Prominent American economist Jeffrey Sachs has launched a blistering critique against United States foreign policy during a recent public address, making explosive allegations about covert operations in Venezuela while praising China's global approach.

Scathing Attack on US Militarism

During a fiery speech delivered at the University of South Africa (UNISA) on November 26, 2025, Sachs didn't hold back in his condemnation of American foreign policy under President Donald Trump. The renowned economist declared that "not a week goes by when the United States is not killing someone", highlighting what he described as relentless American militarism that has become routine in global affairs.

Sachs contrasted this approach with China's rising global influence, portraying Beijing as a more stable and pragmatic global power compared to what he characterized as Washington's aggressive stance. His comments came amid ongoing global power shifts and increasing influence from BRICS nations.

Venezuela Oil Fire: Covert Operation Allegations

In perhaps his most explosive claim, Sachs suggested that the recent inferno at a Venezuelan oil facility might be linked to covert CIA operations. While not providing conclusive evidence, the economist strongly hinted at US involvement in the incident, pointing to what he described as a consistent pattern of American interference throughout Latin America.

The allegation adds another layer to the ongoing tensions between Washington and Caracas, which have seen numerous confrontations over Venezuela's oil resources and political direction. Sachs' comments reflect growing suspicions among some international observers about the extent of US covert actions in the region.

Broader Context of Global Power Shifts

Sachs' remarks come at a time of significant global realignment, with his speech touching on multiple international flashpoints. The economist has previously analyzed what he calls 'Trump isolating America' in global affairs, particularly noting the shifting dynamics within groups like BRICS and G7.

His comments at UNISA also intersected with other major international developments, including Russia-Ukraine peace talks where Trump has claimed significant casualties, and growing Chinese military presence in strategic locations like the UAE base near American facilities.

The speech represents one of the most comprehensive critiques of US foreign policy from a mainstream economist, coming as global powers reposition themselves in what many analysts see as a transitional period in international relations.