What a U.S. Invasion of Venezuela and Control of Its Oil Really Means — Economic Implications, Risks, and Scenarios
For decades, Venezuela has loomed large in global energy geopolitics. Home to the largest proven oil reserves in the world — roughly 300 + billion barrels — Venezuela sits atop global crude resource rankings, ahead of Saudi Arabia and Russia. (*SOURCE: Economy.ac) Yet despite this gargantuan endowment, Venezuela today exports far less oil than its […]