Venezuela is a hyperinflationary country but possesses oil reserves equivalent to about 303 billion barrels of oil, an amount that could supply the entire world for about 100 years.
Venezuela used to sell oil to the US for a long time, but after President Maduro built an authoritarian model opposed to American democracy, trade was halted.
China took the opportunity to inject money into Venezuela to build oil refineries, in exchange for daily oil supplies.
Russia also invested a lot of money in Venezuela to exploit oil until 2041.
Trump once moved troops close to Venezuela and offered a $50 million reward for capturing President Maduro.
And yesterday, 1/3/2026, the US officially attacked Venezuela and detained President Maduro along with his wife.
Later, Trump said he would manage Venezuela.
The three superpower conflict, if it erupts, will cause gold prices to skyrocket.
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Venezuela is a hyperinflationary country but possesses oil reserves equivalent to about 303 billion barrels of oil, an amount that could supply the entire world for about 100 years.
Venezuela used to sell oil to the US for a long time, but after President Maduro built an authoritarian model opposed to American democracy, trade was halted.
China took the opportunity to inject money into Venezuela to build oil refineries, in exchange for daily oil supplies.
Russia also invested a lot of money in Venezuela to exploit oil until 2041.
Trump once moved troops close to Venezuela and offered a $50 million reward for capturing President Maduro.
And yesterday, 1/3/2026, the US officially attacked Venezuela and detained President Maduro along with his wife.
Later, Trump said he would manage Venezuela.
The three superpower conflict, if it erupts, will cause gold prices to skyrocket.