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11.11.2025 01:00:00

Oil Discounts Deepen Venezuela’s Financial Freefall

Venezuela’s economy is in tatters, putting additional pressure on the country’s embattled leader, Nicolas Maduro, at a time when the U.S. Administration is increasing its military presence in the Caribbean region and striking alleged drug boats offshore the world’s largest crude oil reserves holder.    The economic collapse of Venezuela, exacerbated by the U.S. sanctions on its oil industry and exports, has left many Venezuelans increasingly disillusioned with the regime and supporting an ousting of Maduro. …Weiter zum vollständigen Artikel bei OilPrice.com