FACTBOX-What next in plummeting U.S.-Venezuelan ties?

Fri Sep 12, 2008 10:16pm BST
 
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(Reuters) - U.S.-Venezuela ties plunged to their lowest point in years on Friday as the superpower and one of its top oil suppliers ejected each other's ambassadors.

The United States also imposed sanctions on Venezuelan officials, and leftist President Hugo Chavez threatened to stop selling crude to his main customer.

Here are some possible scenarios of how the relations could proceed:

STATUS QUO

Chavez could feel that for now he has gone far enough in stirring a crisis in a Venezuelan election year and may avoid escalating the dispute with any new retaliatory measures.

The United States could also calculate that fresh moves of its own would provoke Chavez to cut oil supply at a time when U.S. voters ahead of the presidential election are concerned about high oil prices.

DIPLOMATIC TIES

Chavez could cut formal diplomatic relations with the United States, recalling all of his diplomats. That would possibly trigger a tit-for-tat move from Washington.

In a diplomatic dispute with U.S. ally Colombia earlier this year, Chavez broke off ties and said they would not be restored until President Alvaro Uribe left office. Within months, he had made up with his neighbour and ties were fully re-established.  Continued...

 

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