US to control Venezuela oil sales indefinitely according to official

A group of protesters holds signs demanding freedom and human rights in front of the US embassy, reflecting the ongoing tensions between the US and Venezuela over oil sales and political issues.

In a statement released on October 20, 2023, a senior US official emphasized that the control over oil sales is aimed at preventing the funds from benefiting the Maduro regime. For more background on this situation, see our article regarding the U.S. sanctions on Venezuela. This development is significant as Venezuela holds some of the … Read more

Venezuela’s Oil Is a Focus of Trump’s Campaign Against Maduro

Venezuela's Oil Is a Focus of Trump's Campaign Against Maduro

Understanding the Historical Background of Venezuela’s Oil Industry However, mismanagement and corruption have led to a significant decline in production in recent years, which aligns with the broader narrative of countries facing challenges, as seen in the impact of rising antisemitism in Australia. Image – via Pixabay Recent Developments in Venezuela’s Oil Production Venezuela’s oil … Read more