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23 hours agoWhat interest do China and Russia have in Venezuela? DW 12/23/2025
Venezuela's economy may be in tatters, but it is sitting on the world's largest known oil reserves, estimated at more than 300 billion barrels. It can safely be assumed that these mineral resources also play a role in the strategic considerations of the oil-friendly US president, Donald Trump. For his Venezuelan counterpart, Nicolas Maduro, they act as a lubricant for foreign relations. But the intensification of the US conflict with Venezuela cannot be explained by oil alone.
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