Venezuela has the world’s most oil: Why doesn’t it earn more ...
Sep 4, 2025 · Estimated at 303 billion barrels (Bbbl) as of 2023, Venezuela is home to the largest known reserves of oil. Saudi Arabia ranks second with 267.2 Bbbl, followed by Iran at 208.6 Bbbl and …
What Does the Oil Tanker Seizure Mean for Venezuela’s Economy?
13 hours ago · Seizures of more tankers could put a stranglehold on Venezuela’s economy, which is exceptionally dependent on oil to keep the government running and pay for basic necessities.
Why The U.S. Won’t ‘Get’ Venezuelan Oil - Forbes
3 days ago · Regime change in Venezuela should open up its oil industry to foreign investment, but won't result in a transfer of oil assets to the U.S.
Tankers carrying sanctioned oil raise tensions near Venezuela
14 hours ago · Dozens of tankers are transporting American-sanctioned oil off the coast of Venezuela, raising the possibility of further seizures after the U.S. captured an oil tanker in the Caribbean on …
Lots of oil, little production: What to know about Venezuelan ...
2 days ago · How much oil does Venezuela have? Venezuela has roughly 17% of the world’s known oil reserves, or more than 300 billion barrels, according to the Oil & Gas Journal, an industry …
How Venezuela’s Broken Oil Sector Became a Fault Line in U.S ...
18 hours ago · Venezuela’s collapsing oil industry has become a central arena for the Trump administration’s broader strategy to reassert U.S. influence in Latin America, raising geopolitical …
E&E News5 reasons the oil industry is watching Venezuela
21 hours ago · 5 reasons the oil industry is watching Venezuela By Scott Waldman, Carlos Anchondo | 12/11/2025 06:22 AM EST In announcing the U.S. had seized an oil tanker off Venezuela on …