Venezuela is a pretty big oil producer with fairly distributed wells. Nukes may have got the refineries, but not all the oil. That's ripe ground for recovery, raiding, escort, etc.
I ran a decent campaign ages ago with the players contracted to an underdog Dutch effort out of the ABC islands to maintain a hold on some wells against a better supplied French effort coming down from the Antilles. It was fun. Definitely a Pirates of the Caribbean feel.
If you like, you can have a small UK squadron based in Barbados. Cubans, Mexicans and Americans can show up. The area is navigable by sail and pretty low tech even today. I thought it was a really fun location as a break from Europe and the US.
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