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Venezuela Heading Towards Oblivion as USA Re-Instates Oil Sanctions as Presidential Election Looms - Joe Blogs
In October 2023 the USA LIFTED SANCTIONS for a 6 month period in exchange for Venezuela agreeing to a Fair & Equal Presidential Election in 2024. The Election date has been set for 28th July 2024 however the existing President Nicolas Maduro has BANNED his main rival and also prevented her proposed replacement from running. As a direct result the USA has re-instated the SANCTIONS against Venezuela. In this video I provide more details on the current situation and discuss what is likely to happen in Venezuela in the next 6 to 12 months.
Chapters:
0:00 Intro
3:54 VENEZUELA
4:53 OIL RESERVES
6:05 GLOBAL OIL PRODUCTION
7:14 DRILLING RIGS
9:33 VENEZUELA PRODUCTION
11:29 GDP
12:38 SANCTIONS
14:13 ELECTION
17:29 SUMMARY & CONCLUSION