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The United States' Acquisition of Control of Venezuelan Oil Ushers in a New Era for the International Oil Markets
Dec 24

The United States' Acquisition of Control of Venezuelan Oil Ushers in a New Era for the International Oil Markets

The United States’ control over Venezuela’s vast oil reserves signals a historic shift in global energy markets. With the world’s largest oil reserves now under U.S. influence, the dynamics of OPEC, Russian oil markets, and international trade face major transformations. This article analyses the impact of this change on oil prices, supply chains, and geopolitical relations.

M Rousol