Venezuela Has More Oil Than Saudi Arabia. So How Did It Go Bankrupt, And What If It Returns?

Venezuela Has More Oil Than Saudi Arabia. So How Did It Go Bankrupt, And What If It Returns?

Last Updated:June 05, 2026, 13:25 IST If even a fraction of Venezuela’s untapped oil wealth returns to global markets, it could reshape global energy trade and lower oil prices. The impact could be felt even in India For Washington, bringing more Venezuelan oil into global markets could help diversify supply and reduce pressure on prices….

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US Strikes Venezuela Live Updates: Maduro And His Wife Arrive In New York; Transported To DEA Office

US Strikes Venezuela Live Updates: Maduro And His Wife Arrive In New York; Transported To DEA Office

US Strikes Venezuela Live Updates: The capture of Venezuelan President Nicolas Maduro followed a dramatic escalation in long-simmering tensions between the United States and Venezuela, culminating in a large-scale US military operation in Caracas. For years, Washington has accused the Maduro government of enabling drug trafficking networks, dismantling democratic institutions, mismanaging Venezuela’s vast oil wealth,…

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‘Nobody Planning To Shoot Him…At This Point’: US Officials Say Trump May Speak To Maduro

‘Nobody Planning To Shoot Him…At This Point’: US Officials Say Trump May Speak To Maduro

Last Updated:November 25, 2025, 11:34 PM IST Trump may speak to Maduro despite US labeling him a terrorist. US targets Cartel de los Soles, intensifies anti-drug operations, and amasses troops for Operation Southern Spear. An official said the date for the call between US President Donald Trump and Venezuela Nicolas Maduro has not been decided…

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