No longer. Venezuela is a country in crisis. Tanking oil prices and failed economic policies led to bare shelves at supermarkets, a shortage of medical supplies, unbridled hyperinflation and an ...

The political crisis in Venezuela and the U.S. response is affecting global oil markets. The U.S. has been that nation's largest oil export market, but Washington's new sanctions effectively ban U ...

"The Venezuelan crisis has made heavy crude more expensive for the US," says Ms Rodriguez-Masiu. But this will not help Venezuela, desperate to find new markets for its oil at a time of deepening ...

The refinery crisis in Venezuela has not just caused ... but without massive investments needed to revamp the entire oil sector in Venezuela, gasoline and distillates production isn’t going ...

That's because a crisis in oil usually means a supply ... of being the likeliest source of a supply shock is Venezuela. The collapse in oil prices has savaged the country's economy and brought ...

Oil has been a critical component of the ... According to the International Crisis Group, Venezuela's poor have taken the brunt of the country's decline after making modest gains during Chavez's ...

There were 86 oil spills and gas leaks in Venezuela last year, according to a report published by the Observatory of Political Ecology of Venezuela. The states of Zulia and Falcón had the most ...

Venezuela, home to the world’s largest oil reserves, is a case study in the ... 19 pandemic—have fueled a devastating humanitarian crisis, with severe shortages of basic goods such as food ...

Oil prices crashed; inflation reached an inconceivable ... protected status in the U.S., or have applied. So, Venezuela's crisis is here, at our doorstep, in our cities. Niurka Meléndez left ...

They include oil spills, illegal mining ... “The dramatic socio-environmental situation facing Venezuela continues to be part of the general crisis that’s being silenced despite how obvious ...

Dubai’s remarkable transformation from an oil-dependent economy to a global business and tourism powerhouse is a story of ...