{"id":10093,"date":"2026-10-01T11:17:20","date_gmt":"2026-10-01T11:17:20","guid":{"rendered":"https:\/\/www.aom.org\/today\/?p=10093"},"modified":"2026-10-01T14:19:40","modified_gmt":"2026-10-01T14:19:40","slug":"trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran","status":"publish","type":"post","link":"https:\/\/www.aom.org\/today\/trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran\/","title":{"rendered":"Trump\u2019s Spiraling Narratives from Greenland to Venezuela to Iran"},"content":{"rendered":"

By Daniel Butcher<\/a><\/p>\n

Journalists have had to be nimble during U.S. President Donald Trump\u2019s two terms as he has shifted positions, redirected attention from unwelcome narratives, and made unexpected foreign-policy decisions at unexpected times.<\/p>\n

Academy of Management Scholar Jeffrey Sonnenfeld<\/a> of the Yale School of Management, who moderated the panel \u201cThe Framers of 1776 vs. The Nation\u2019s Leadership In 2026; Is the Vision Now Vivid or Blurred?<\/a>\u201d at the 2026 AOM Annual Meeting in Philadelphia, offered the above perspective. He coauthored the book Trump\u2019s Ten Commandments: Strategic Lessons from the Trump Leadership Toolbox<\/em><\/a> with Steven Tian, also of Yale.<\/p>\n

\u201cI tell friends who work on these Sunday shows putting their storyboard together and their list of panelists and topics together on a Friday afternoon, \u2018Don\u2019t worry, Sunday morning he\u2019s going to change what your lead story is, for example, when he changed the narrative by going after Greenland\u2014what in the world?\u201d Sonnenfeld said.<\/p>\n

Some people noted that Trump\u2019s renewed threats regarding Greenland in January 2026 coincided with public outcry and media attention surrounding the delayed release of records mandated by the Epstein Files Transparency Act. A series of consequential decisions involving the U.S. military soon followed.<\/p>\n

\u201cPeople were puzzled, annoyed, and angered by Trump\u2019s threat to invade Greenland, and when that fizzled because of Mark Carney in Canada, the EU, and the UK halting him, he pivoted to Venezuela, which he claimed was about drug interdiction,\u201d Sonnenfeld said. \u201cNow there was no and is no significant flow of illicit drugs into the U.S. from Venezuela\u2014there was from Honduras, and in fact, the U.S. properly arrested and extradited the former president of Honduras, Juan Orlando Hern\u00e1ndez, and legally brought him to the U.S. where he was indicted by a grand jury, and then went on trial and was convicted by another jury and sentenced to 45 years in prison\u2014but Trump pardoned him, so\u2026<\/p>\n

\u201cSo much for Trump caring about drug interdiction,\u201d he said. \u201cWhen that came out, he quickly pivoted and ordered a U.S. military raid that captured Venezuelan President Nicol\u00e1s Maduro and flew him to New York to face federal drug charges and said, \u2018Well, it was because of these Russian and Chinese warships in Venezuela\u2019\u2014well, right away that was falsifiable; they\u2019re not there, and that hardly even got any print because it was such a nonsensical explanation, so then he quickly pivoted yet again and said that it was due to the great cache of oil that\u2019s there.\u201d<\/p>\n

That explanation was dissected and didn\u2019t seem to add up for many.<\/p>\n

\u201cOil at that time being $64 or $65, not even $70 a barrel, it was below break-even for many companies to extract it because it was so cheap\u2014there\u2019s no incentive to produce more, but, in particular, Venezuelan oil is produced by the second most inefficient, obsolete production company in the world; Russia is the only one that’s worse,\u201d Sonnenfeld said. \u201cIt costs Venezuela and Russia $40 to $45 a barrel to extract their oil, whereas it costs the Saudis and the U.S. and Canada half of that\u2014around $22 a barrel\u2014and, furthermore, that oil is a thick, viscous type they call sour crude, so who needs that Venezuelan oil? Nobody wants it.<\/p>\n

\u201cCanadian companies produce that same heavy sour crude oil, which is used for lubricants, diesel, and asphalt, and we get it better and more cheaply and reliably and safely from Canada so there\u2019s no reason to do this,\u201d he said. \u201cAs soon as Trump justified the raid on Venezuela over its oil, I called the leaders of the oil and gas industry to check with them and said, \u2018Look, I have a Fortune<\/em> magazine article coming out saying that you don\u2019t want that ugly American image of the \u201950s and the \u201960s when companies were helping to overthrow honestly elected sovereign governments in Central America with unethical, illegal conduct, and are you interested in this kind of oil anyway?\u2019 They said, \u2018No, no, no. This is not at our behest.\u2019 I said, \u201cWell, you better tell him so, because that\u2019s what I just said in Fortune<\/em>. But I have a Time<\/em> magazine piece \u2026 and I\u2019ll quote you, so if you really don\u2019t say anything to him, then your silence will be taken as assent. So, they contacted the Secretary of Energy and the Secretary of State, who the very next day corrected Trump without insulting him somehow.<\/p>\n

\u201cIt was cleverly done on the news shows, but Trump was still furious at that, so he called the oil and gas industry execs in together for one of those Dear Leader meetings, and as they went around the room, they all said, \u2018No, it\u2019s uninvestable\u2014the extraction costs are too high,\u2019 and so he moved on from Venezuela with all of our warships down there, an overabundance of them in the Caribbean, where there\u2019s no reason for them to be. He starts threatening Nicaragua and Brazil and other nations down there for no reason before he shifted focus to Iran.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

By Daniel Butcher Journalists have had to be nimble during U.S. President Donald Trump\u2019s two terms as he has shifted positions, redirected attention from unwelcome narratives, and made unexpected foreign-policy decisions at unexpected times. Academy of Management Scholar Jeffrey Sonnenfeld of the Yale School of Management, who moderated the panel \u201cThe Framers of 1776 vs. […]<\/p>\n","protected":false},"author":4,"featured_media":9910,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_ppma_block_editor_authors":""},"categories":[71,29,19,78],"tags":[],"sp_smart_badges":[],"ppma_author":[70],"class_list":["post-10093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-communicating","category-emotions","category-leadership","category-policy"],"acf":[],"yoast_head":"\nTrump\u2019s Spiraling Narratives from Greenland to Venezuela to Iran - Academy of Management Today<\/title>\n<meta name=\"description\" content=\"Journalists have had to be nimble during U.S. President Donald Trump\u2019s two terms as he has shifted positions, redirected attention from unwelcome narratives, and made unexpected foreign-policy decisions at unexpected times.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aom.org\/today\/trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Daniel Butcher\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.aom.org\\\/today\\\/trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.aom.org\\\/today\\\/trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran\\\/\"},\"author\":{\"name\":\"Daniel Butcher\",\"@id\":\"https:\\\/\\\/www.aom.org\\\/today\\\/#\\\/schema\\\/person\\\/d1297a59039d9ca7bac9d9f0952e508c\"},\"headline\":\"Trump\u2019s Spiraling Narratives from Greenland to Venezuela to Iran\",\"datePublished\":\"2026-10-01T11:17:20+00:00\",\"dateModified\":\"2026-10-01T14:19:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.aom.org\\\/today\\\/trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran\\\/\"},\"wordCount\":864,\"image\":{\"@id\":\"https:\\\/\\\/www.aom.org\\\/today\\\/trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.aom.org\\\/today\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-scaled.jpg\",\"articleSection\":[\"COMMUNICATING\",\"EMOTIONS\",\"LEADERSHIP\",\"POLICY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.aom.org\\\/today\\\/trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran\\\/\",\"url\":\"https:\\\/\\\/www.aom.org\\\/today\\\/trumps-spiraling-narratives-from-greenland-to-venezuela-to-iran\\\/\",\"name\":\"Trump\u2019s Spiraling Narratives from Greenland to Venezuela to Iran - 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You can reach him at dbutcher@aom.org or via LinkedIn.","sameAs":["https:\/\/aomtodayprod.wpenginepowered.com","https:\/\/www.linkedin.com\/in\/danielbutcher"],"url":"https:\/\/www.aom.org\/today\/author\/daniel-butcher\/"}]}},"authors":[{"term_id":70,"user_id":4,"is_guest":0,"slug":"daniel-butcher","display_name":"Daniel Butcher","avatar_url":{"url":"https:\/\/www.aom.org\/today\/wp-content\/uploads\/2025\/01\/DanButcher_Academy-of-Management.webp","url2x":"https:\/\/www.aom.org\/today\/wp-content\/uploads\/2025\/01\/DanButcher_Academy-of-Management.webp"},"author_category":"1","first_name":"Daniel","last_name":"Butcher","user_url":"https:\/\/aomtodayprod.wpenginepowered.com","job_title":"Managing Editor, AOM Today, Academy of Management","description":"Daniel Butcher is a writer and the Managing Editor of AOM Today at the Academy of Management (AOM). Previously, he was a writer and the Finance Editor for <i>Strategic Finance<\/i> magazine and <i>Management Accounting Quarterly<\/i>, a scholarly journal, at the Institute of Management Accountants (IMA). Prior to that, he worked as a writer\/editor at <i>The Financial Times,<\/i> including daily FT sister publications <i>Ignites<\/i> and <i>FundFire<\/i>, as well as Crain Communications\u2019s <i>InvestmentNews<\/i> and <i>Crain\u2019s Wealth<\/i>, eFinancialCareers, and Arizent\u2019s <i>Financial Planning, Re:Invent|Wealth, On Wall Street, Bank Investment Consultant<\/i>, and <i>Money Management Executive<\/i>. He earned his bachelor\u2019s degree, Cum Laude, from the University of Colorado Boulder and his master\u2019s degree from New York University. You can reach him at <a href=\"mailto:dbutcher@aom.org\" target=\"_blank\" rel=\"noopener\">dbutcher@aom.org<\/a> or via <a href=\"https:\/\/www.linkedin.com\/in\/danielbutcher\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a>."}],"rttpg_featured_image_url":{"full":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-scaled.jpg",2560,1707,false],"landscape":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-scaled.jpg",2560,1707,false],"portraits":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-scaled.jpg",2560,1707,false],"thumbnail":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-150x150.jpg",150,150,true],"medium":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-300x200.jpg",300,200,true],"large":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-1024x683.jpg",800,534,true],"1536x1536":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-2048x1365.jpg",2048,1365,true],"owl_elementor_thumbnail":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-600x400.jpg",600,400,true],"owl_elementor_team":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-350x450.jpg",350,450,true],"owl_elementor_testimonial":["https:\/\/www.aom.org\/today\/wp-content\/uploads\/2026\/09\/The-change-in-oil-prices-caused-by-the-war.-Oil-price-cap.-Oil-drilling-derricks-desert-oilfield.-Crude-oil-production-ground.-Petroleum_cropped-100x100.jpg",100,100,true]},"rttpg_author":{"display_name":"Daniel Butcher","author_link":"https:\/\/www.aom.org\/today\/author\/daniel-butcher\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.aom.org\/today\/category\/communicating\/\" rel=\"category tag\">COMMUNICATING<\/a> <a href=\"https:\/\/www.aom.org\/today\/category\/emotions\/\" rel=\"category tag\">EMOTIONS<\/a> <a href=\"https:\/\/www.aom.org\/today\/category\/leadership\/\" rel=\"category tag\">LEADERSHIP<\/a> <a href=\"https:\/\/www.aom.org\/today\/category\/policy\/\" rel=\"category tag\">POLICY<\/a>","rttpg_excerpt":"By Daniel Butcher Journalists have had to be nimble during U.S. President Donald Trump\u2019s two terms as he has shifted positions, redirected attention from unwelcome narratives, and made unexpected foreign-policy decisions at unexpected times. Academy of Management Scholar Jeffrey Sonnenfeld of the Yale School of Management, who moderated the panel \u201cThe Framers of 1776 vs.…","_links":{"self":[{"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/posts\/10093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/comments?post=10093"}],"version-history":[{"count":5,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/posts\/10093\/revisions"}],"predecessor-version":[{"id":10106,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/posts\/10093\/revisions\/10106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/media\/9910"}],"wp:attachment":[{"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/media?parent=10093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/categories?post=10093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/tags?post=10093"},{"taxonomy":"sp_smart_badges","embeddable":true,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/sp_smart_badges?post=10093"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.aom.org\/today\/wp-json\/wp\/v2\/ppma_author?post=10093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}