Venezuela

Country Venezuela
Capital Caracas
Continent South America
Currency Bolivar fuerte(VEF)
Languages Spanish

Information

Introduction

Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking capitalist globalization and existing democratic institutions. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.

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References

Venezuela - Wikipedia
Venezuela - CIA World Fact Book
Venezuela - BBC
Venezuela - Timeline - BBC

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News Headlines

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Can India switch from Russian to Venezuelan oil, as Trump wants? - Al JazeeraCan India switch from Russian to Venezuelan oil, as Trump wants?  Al Jazeera

Russian Companies Forced Out of Venezuela After U.S. Capture of Maduro, Lavrov Says - The Moscow TimesRussian Companies Forced Out of Venezuela After U.S. Capture of Maduro, Lavrov Says  The Moscow Times

Reliance buys 2 million barrels of Venezuelan oil - thehindu.comReliance buys 2 million barrels of Venezuelan oil  thehindu.com

Energy security India's priority, open to Venezuela oil trade: Govt on Trump's claim - India TodayEnergy security India's priority, open to Venezuela oil trade: Govt on Trump's claim  India Today

Venezuela Without Maduro: Watch What Is Happening After His Abduction - Times of IndiaVenezuela Without Maduro: Watch What Is Happening After His Abduction  Times of India

Machado Says Venezuela Elections Could Happen Later This Year: Report - NDTVMachado Says Venezuela Elections Could Happen Later This Year: Report  NDTV

India Open to Buying Crude Oil From Venezuela - Deccan HeraldIndia Open to Buying Crude Oil From Venezuela  Deccan Herald

A nation in flux: Navigating Venezuela’s post-2026 reset - The Financial ExpressA nation in flux: Navigating Venezuela’s post-2026 reset  The Financial Express

Energy Security India’s Priority, Open To New Crude Options Including Venezuela: MEA - News18Energy Security India’s Priority, Open To New Crude Options Including Venezuela: MEA  News18

Ensuring energy security India's priority, open to exploring crude supply from Venezuela: MEA - India TV NewsEnsuring energy security India's priority, open to exploring crude supply from Venezuela: MEA  India TV News

Maduro’s alleged frontman Alex Saab reportedly detained in Caracas - The GuardianMaduro’s alleged frontman Alex Saab reportedly detained in Caracas  The Guardian

'None of their equipment worked’: Donald Trump talks about US' ‘discombobulator’ use in Venezuela during - Times of India'None of their equipment worked’: Donald Trump talks about US' ‘discombobulator’ use in Venezuela during  Times of India

The US says Venezuela is changing. But one month since Maduro’s capture, its people aren’t so sure - cnn.comThe US says Venezuela is changing. But one month since Maduro’s capture, its people aren’t so sure  cnn.com

The $100 Billion Bet on Venezuelan Oil Relies on a Broken State Company - The Wall Street JournalThe $100 Billion Bet on Venezuelan Oil Relies on a Broken State Company  The Wall Street Journal

Maduro ally Saab, Venezuelan businessman once held in U.S., arrested again - thehindu.comMaduro ally Saab, Venezuelan businessman once held in U.S., arrested again  thehindu.com

Venezuela Said to Detain Maduro Allies Targeted by the U.S. - The New York TimesVenezuela Said to Detain Maduro Allies Targeted by the U.S.  The New York Times

India says it is open to commercial merits of crude supply from Venezuela - ReutersIndia says it is open to commercial merits of crude supply from Venezuela  Reuters

India open to Venezuela oil imports subject to commercial viability: MEA spokesperson Randhir Jaiswal - The Economic TimesIndia open to Venezuela oil imports subject to commercial viability: MEA spokesperson Randhir Jaiswal  The Economic Times

India willing to buy oil from Venezuela but energy security priority; trade deal with US in final stages - WIONIndia willing to buy oil from Venezuela but energy security priority; trade deal with US in final stages  WION

Open To Importing Venezuelan Crude Oil Based On Commercial Viability: India - NDTVOpen To Importing Venezuelan Crude Oil Based On Commercial Viability: India  NDTV

Thousands march in Venezuela to demand US free President Maduro, wife - Al JazeeraThousands march in Venezuela to demand US free President Maduro, wife  Al Jazeera

Can India really stop buying oil from Russia? - India TodayCan India really stop buying oil from Russia?  India Today

Venezuela plan to turn notorious prison into cultural centre scrubs past horrors, critics say - The GuardianVenezuela plan to turn notorious prison into cultural centre scrubs past horrors, critics say  The Guardian

What does 303 billion barrels of Venezuelan oil look like? - Al JazeeraWhat does 303 billion barrels of Venezuelan oil look like?  Al Jazeera

'India Open To Explore Commercial Merits Of Venezuela Oil Import': MEA On Trump's Russian Oil Claim - Times of India'India Open To Explore Commercial Merits Of Venezuela Oil Import': MEA On Trump's Russian Oil Claim  Times of India

'Energy security supreme priority': MEA replies to Trump's claim on Russian, Venezuelan oil; says decisio - Times of India'Energy security supreme priority': MEA replies to Trump's claim on Russian, Venezuelan oil; says decisio  Times of India

Venezuela's interim president urges dialogue with US - TRT WorldVenezuela's interim president urges dialogue with US  TRT World

Can India Replace Russian Oil With Venezuela? Ambani’s Reliance Poised to Benefit If It Does - outlookbusiness.comCan India Replace Russian Oil With Venezuela? Ambani’s Reliance Poised to Benefit If It Does  outlookbusiness.com

US act of aggression against Venezuela further weakens rules-based order - Amnesty InternationalUS act of aggression against Venezuela further weakens rules-based order  Amnesty International

Street protests erupt in Venezuela 1 month after Maduro’s capture - Anadolu AjansiStreet protests erupt in Venezuela 1 month after Maduro’s capture  Anadolu Ajansi

'Commercial viability key': MEA says open to Venezuela, other crude sources - Business Standard'Commercial viability key': MEA says open to Venezuela, other crude sources  Business Standard

Venezuela tells China oil prices won't be set by the U.S., seeks to reassure investment after Maduro capture - CNBCVenezuela tells China oil prices won't be set by the U.S., seeks to reassure investment after Maduro capture  CNBC

The $100 Billion Bet on Venezuelan Oil Relies on a Broken State Company - Hindustan TimesThe $100 Billion Bet on Venezuelan Oil Relies on a Broken State Company  Hindustan Times

India says it will buy oil where it makes sense, keeps Venezuela option open - CNBC TV18India says it will buy oil where it makes sense, keeps Venezuela option open  CNBC TV18

Venezuela long-standing energy partner, India open to crude sourcing: MEA - Business StandardVenezuela long-standing energy partner, India open to crude sourcing: MEA  Business Standard

Will buy Venezuela’s oil; India's energy security priority: Centre - madhyamamonline.comWill buy Venezuela’s oil; India's energy security priority: Centre  madhyamamonline.com

Trump’s Venezuela Policy Isn’t Any Clearer a Month After Maduro’s Capture - Council on Foreign RelationsTrump’s Venezuela Policy Isn’t Any Clearer a Month After Maduro’s Capture  Council on Foreign Relations

India Prioritises Energy Security, Open To Assessing Venezuela Oil Option Amid Trump’s Claim - The Hans IndiaIndia Prioritises Energy Security, Open To Assessing Venezuela Oil Option Amid Trump’s Claim  The Hans India

Cuba-related tanker finishes loading gasoline cargo in Venezuela, shipping schedule says - TradingViewCuba-related tanker finishes loading gasoline cargo in Venezuela, shipping schedule says  TradingView

Reliance Industries buys 2 million barrels of Venezuelan oil, traders say - The Economic TimesReliance Industries buys 2 million barrels of Venezuelan oil, traders say  The Economic Times

Reliance buys 2 million barrels of Venezuelan oil - The Indian ExpressReliance buys 2 million barrels of Venezuelan oil  The Indian Express

Maduro ally Alex Saab arrested in Venezuela, U.S. official says - myind.netMaduro ally Alex Saab arrested in Venezuela, U.S. official says  myind.net

India open to buying oil from Venezuela depending on ‘commercial viability’: Foreign Ministry - The Financial ExpressIndia open to buying oil from Venezuela depending on ‘commercial viability’: Foreign Ministry  The Financial Express

Venezuela tells China oil prices won’t be dictated by the US, seeks to reassure investors after Maduro’s capture - FirstpostVenezuela tells China oil prices won’t be dictated by the US, seeks to reassure investors after Maduro’s capture  Firstpost

'India Open to Exploring Commercial Merits of Any Crude, Including Venezuelan Oil': MEA - Republic World'India Open to Exploring Commercial Merits of Any Crude, Including Venezuelan Oil': MEA  Republic World

Reliance Industries purchases 2 million barrels of Venezuelan crude oil: Report - The Financial ExpressReliance Industries purchases 2 million barrels of Venezuelan crude oil: Report  The Financial Express

For Colombia’s Richest Man, Maduro’s Ouster Means More Candy for Venezuela - BloombergFor Colombia’s Richest Man, Maduro’s Ouster Means More Candy for Venezuela  Bloomberg

New Delhi free to buy oil from any country: Russia after India-US trade deal - India TodayNew Delhi free to buy oil from any country: Russia after India-US trade deal  India Today

Machado says Venezuelan elections could happen this year, Politico reports - ReutersMachado says Venezuelan elections could happen this year, Politico reports  Reuters

MEA clarifies India's stance on Venezuelan oil amid US claims: 'Consistent with our approach to...' - DNA IndiaMEA clarifies India's stance on Venezuelan oil amid US claims: 'Consistent with our approach to...'  DNA India

US says it has returned to Venezuela all $500 million of initial oil sale - ReutersUS says it has returned to Venezuela all $500 million of initial oil sale  Reuters

Shell, BP Renew Push To Develop Shared Trinidad–Venezuela Gas Fields - SPEShell, BP Renew Push To Develop Shared Trinidad–Venezuela Gas Fields  SPE

A glimmer of hope for democracy in Venezuela as opponents test the limits of free speech - WSLSA glimmer of hope for democracy in Venezuela as opponents test the limits of free speech  WSLS

Maduro ally Saab arrested in Venezuela, US official says; lawyer denies it - ReutersMaduro ally Saab arrested in Venezuela, US official says; lawyer denies it  Reuters

MEA: Indian Companies Invested In Venezuela, Open To Exploring The Commercial Merits - Business TodayMEA: Indian Companies Invested In Venezuela, Open To Exploring The Commercial Merits  Business Today

India's Reliance buys 2 mln barrels of Venezuelan oil, traders say - ReutersIndia's Reliance buys 2 mln barrels of Venezuelan oil, traders say  Reuters

Will India Buy Venezuelan Oil? What MEA Said Amid Donald Trump's Claims - Times NowWill India Buy Venezuelan Oil? What MEA Said Amid Donald Trump's Claims  Times Now

The heavy reality of Venezuela’s oil - ReutersThe heavy reality of Venezuela’s oil  Reuters

Opinion | Trump Takes the Path of Least Resistance in Venezuela - The Wall Street JournalOpinion | Trump Takes the Path of Least Resistance in Venezuela  The Wall Street Journal

India's oil sourcing guided by energy security, market conditions: MEA after Trump's claim on Russia, Venezuela - Business TodayIndia's oil sourcing guided by energy security, market conditions: MEA after Trump's claim on Russia, Venezuela  Business Today

How Venezuela Poses an “Unusual and Extraordinary Threat” to the U.S. Agenda - CountercurrentsHow Venezuela Poses an “Unusual and Extraordinary Threat” to the U.S. Agenda  Countercurrents

The New Venezuelan Hydrocarbons Law: Scope, Intent, and Viability - Baker InstituteThe New Venezuelan Hydrocarbons Law: Scope, Intent, and Viability  Baker Institute

Venezuela Transforms Hydrocarbons Sector with New Hydrocarbons Law Amendment - Mayer BrownVenezuela Transforms Hydrocarbons Sector with New Hydrocarbons Law Amendment  Mayer Brown

News Content Hub - Traders lift Venezuelan Merey crude oil, refiners struggle stateside - rivieramm.comNews Content Hub - Traders lift Venezuelan Merey crude oil, refiners struggle stateside  rivieramm.com

After Maduro’s Capture, Venezuela’s Authoritarian System Shows Signs of Easing - The New York TimesAfter Maduro’s Capture, Venezuela’s Authoritarian System Shows Signs of Easing  The New York Times

Venezuelan oil is key to Trump’s Russia plan. There’s a problem with that - cnn.comVenezuelan oil is key to Trump’s Russia plan. There’s a problem with that  cnn.com

Oil Price Forecast: Volatility Rises as Iran and Venezuela Fuel Supply Anxiety - FXEmpireOil Price Forecast: Volatility Rises as Iran and Venezuela Fuel Supply Anxiety  FXEmpire

Alex Saab’s Lawyer Denies News of His Arrest in Venezuela - Colombia OneAlex Saab’s Lawyer Denies News of His Arrest in Venezuela  Colombia One

Venezuela's first shipment of liquefied petroleum gas has left Venezuela bound for the US - ABC NewsVenezuela's first shipment of liquefied petroleum gas has left Venezuela bound for the US  ABC News

These exiled Venezuelans dream of returning home. What’s stopping them? - Al JazeeraThese exiled Venezuelans dream of returning home. What’s stopping them?  Al Jazeera

BBVA remains committed to its presence in Venezuela, chairman says - marketscreener.comBBVA remains committed to its presence in Venezuela, chairman says  marketscreener.com

'Seeing Mafia Maduro Decapitated Brings Relief To Venezuelans': Caracas Ex-Mayor | Exclusive - News18'Seeing Mafia Maduro Decapitated Brings Relief To Venezuelans': Caracas Ex-Mayor | Exclusive  News18

Strength Over Peace - Foreign AffairsStrength Over Peace  Foreign Affairs

Venezuela’s interim president’s oil law reform to break with Chavez model - Al JazeeraVenezuela’s interim president’s oil law reform to break with Chavez model  Al Jazeera

Chairman of Spain's BBVA: Bank remains committed to its presence in Venezuela - marketscreener.comChairman of Spain's BBVA: Bank remains committed to its presence in Venezuela  marketscreener.com

Nearly two dozen more prisoners freed in Venezuela, legal rights group says - ReutersNearly two dozen more prisoners freed in Venezuela, legal rights group says  Reuters

Americans are divided on next steps for U.S. in Venezuela - Pew Research CenterAmericans are divided on next steps for U.S. in Venezuela  Pew Research Center

‘Our top priority is...’: India's first remark on Trump's claim of stopping Russian oil purchase | India News - Hindustan Times‘Our top priority is...’: India's first remark on Trump's claim of stopping Russian oil purchase | India News  Hindustan Times

The time to plan for Venezuela’s transition is now - George W. Bush Presidential CenterThe time to plan for Venezuela’s transition is now  George W. Bush Presidential Center

How Trump can prevent a forever-blockade in Venezuela - Foundation for Defense of DemocraciesHow Trump can prevent a forever-blockade in Venezuela  Foundation for Defense of Democracies

Why access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners - Al JazeeraWhy access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners  Al Jazeera

The Spirit of the Concessionary Model and the Future of Venezuelan Oil - Caracas ChroniclesThe Spirit of the Concessionary Model and the Future of Venezuelan Oil  Caracas Chronicles

What the US’s removal of Nicolás Maduro means for Venezuela’s heritage - The Art NewspaperWhat the US’s removal of Nicolás Maduro means for Venezuela’s heritage  The Art Newspaper

Families of Venezuelan Political Prisoners Pray for Their Release - Christianity TodayFamilies of Venezuelan Political Prisoners Pray for Their Release  Christianity Today

Memo to the president: Steps to secure a prosperous, US-aligned Venezuela - Atlantic CouncilMemo to the president: Steps to secure a prosperous, US-aligned Venezuela  Atlantic Council

Venezuelan opposition leader says elections could be held in under a year - PoliticoVenezuelan opposition leader says elections could be held in under a year  Politico

Indian oil refiners see opportunity in Donald Trump’s Venezuela action - Financial TimesIndian oil refiners see opportunity in Donald Trump’s Venezuela action  Financial Times

CIA director had two-hour meeting with new Venezuelan leader in Caracas - BBCCIA director had two-hour meeting with new Venezuelan leader in Caracas  BBC

Thousands March in Venezuela Demanding US Release of Maduro - globalpost.comThousands March in Venezuela Demanding US Release of Maduro  globalpost.com

A Chevron Refinery May Take in More Venezuelan Oil. Its Neighbors Are Concerned. - The New York TimesA Chevron Refinery May Take in More Venezuelan Oil. Its Neighbors Are Concerned.  The New York Times

Belarus, Venezuela reaffirmed consistently high level of interstate dialogue - ???????? ???????Belarus, Venezuela reaffirmed consistently high level of interstate dialogue  ???????? ???????

With U.S. Embargo Lifted, Venezuelan Oil Exports Bounce Back - The Maritime ExecutiveWith U.S. Embargo Lifted, Venezuelan Oil Exports Bounce Back  The Maritime Executive

Avianca Is Bringing Back Flights Between Colombia and Venezuela - Caribbean JournalAvianca Is Bringing Back Flights Between Colombia and Venezuela  Caribbean Journal

Belarus, Venezuela aim for closer cooperation - BelTA – NewsBelarus, Venezuela aim for closer cooperation  BelTA – News

A glimmer of hope for democracy in Venezuela as opponents test the limits of free speech - The Killeen Daily HeraldA glimmer of hope for democracy in Venezuela as opponents test the limits of free speech  The Killeen Daily Herald

US and Venezuela pushing out Russian oil in India? - vijesti.meUS and Venezuela pushing out Russian oil in India?  vijesti.me

Venezuelans Stage Mass Rally, Demand Maduro Liberation and Return - VenezuelanalysisVenezuelans Stage Mass Rally, Demand Maduro Liberation and Return  Venezuelanalysis

Opinion | Who’ll Go Get Venezuela’s Oil? - The Wall Street JournalOpinion | Who’ll Go Get Venezuela’s Oil?  The Wall Street Journal

Venezuela oil output to lag Brazil, Guyana and Argentina through 2030, analysts say - World OilVenezuela oil output to lag Brazil, Guyana and Argentina through 2030, analysts say  World Oil

Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says - Fox NewsMaduro ally Alex Saab arrested in joint US-Venezuelan operation, official says  Fox News