Jill On Money: Venezuela's oil What it means for your wallet
Venezuela's vast oil reserves cannot quickly lower energy prices because production is constrained by heavy sour crude, degraded infrastructure, and years of required investment.
What's next for Venezuela oil after US ousts Maduro? DW 01/04/2026
Venezuela's economy and government are heavily dependent on oil, possessing vast reserves but suffering dramatic production collapse due to mismanagement, corruption, accidents and sanctions.