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

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

Switch from Russia to Venezuela crude oil possible? SBI sees $3 billion savings - explained - The Times of IndiaSwitch from Russia to Venezuela crude oil possible? SBI sees $3 billion savings - explained  The Times of India

While Trump has said India will buy more Venezuelan oil, Indian refiners have cited difficulties - thehindu.comWhile Trump has said India will buy more Venezuelan oil, Indian refiners have cited difficulties  thehindu.com

Venezuela Oil Won’t Top Others in Region for Years, Rystad Says - Bloomberg.comVenezuela Oil Won’t Top Others in Region for Years, Rystad Says  Bloomberg.com

India's oil shake-up: Can Venezuela really replace Russia? - DW.comIndia's oil shake-up: Can Venezuela really replace Russia?  DW.com

Russia vs Venezuela: Whose Oil Reaches India Faster And Which Crude Is Better? - News18Russia vs Venezuela: Whose Oil Reaches India Faster And Which Crude Is Better?  News18

What will India gain if it buys oil from Venezuela, not Russia? Savings of $3 bn, says SBI research - FirstpostWhat will India gain if it buys oil from Venezuela, not Russia? Savings of $3 bn, says SBI research  Firstpost

Who Is Alex Saab? Alleged Maduro Front Man Arrested in Venezuela in FBI-Linked Operation - Times NowWho Is Alex Saab? Alleged Maduro Front Man Arrested in Venezuela in FBI-Linked Operation  Times Now

India free to buy from any country: Russia on Venezuelan oil purchase talks - India TodayIndia free to buy from any country: Russia on Venezuelan oil purchase talks  India Today

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

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

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

Kremlin aide says Putin-Xi discuss situation in Cuba, Iran, Venezuela - Anadolu AjansiKremlin aide says Putin-Xi discuss situation in Cuba, Iran, Venezuela  Anadolu Ajansi

Venezuela: Bombs and sanctions – the humanitarian consequences - Peace Research Institute Oslo (PRIO)Venezuela: Bombs and sanctions – the humanitarian consequences  Peace Research Institute Oslo (PRIO)

PM receives a telephone call from the Acting President of Venezuela - PM IndiaPM receives a telephone call from the Acting President of Venezuela  PM India

Venezuela releases human rights advocate Javier Tarazona - BBCVenezuela releases human rights advocate Javier Tarazona  BBC

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

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

Why Venezuela Remains a High-Risk Energy Bet - AAPGWhy Venezuela Remains a High-Risk Energy Bet  AAPG

Maduro ally Saab arrested in Venezuela, US official says - YahooMaduro ally Saab arrested in Venezuela, US official says  Yahoo

Maduro ally Saab arrested in Venezuela, US official says - ReutersMaduro ally Saab arrested in Venezuela, US official says  Reuters

Venezuela: One month after Maduro's abduction, the transition of power is still unclear - Le Monde.frVenezuela: One month after Maduro's abduction, the transition of power is still unclear  Le Monde.fr

Weatherford eyes Venezuela, which was ‘once meaningful to us’ - Upstream OnlineWeatherford eyes Venezuela, which was ‘once meaningful to us’  Upstream Online

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

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

OPEC Output Fell Last Month on Venezuela Turmoil, Survey Shows - Bloomberg.comOPEC Output Fell Last Month on Venezuela Turmoil, Survey Shows  Bloomberg.com

Chatham House fellow gives evidence on Venezuela to UK Parliament Foreign Affairs Committee - Chatham HouseChatham House fellow gives evidence on Venezuela to UK Parliament Foreign Affairs Committee  Chatham House

Venezuela wants to be known for high oil production, says adviser - Investing.com IndiaVenezuela wants to be known for high oil production, says adviser  Investing.com India

Why the World is Watching Venezuela’s Oil - AAPGWhy the World is Watching Venezuela’s Oil  AAPG

Power and Petroleum: A journey through Venezuela’s 125-year oil history - AAPGPower and Petroleum: A journey through Venezuela’s 125-year oil history  AAPG

Venezuela interim president Rodriguez meets with US envoy - ReutersVenezuela interim president Rodriguez meets with US envoy  Reuters

FBI Arrests Alex Saab, Maduro’s Alleged Front Man, in Venezuela - Colombia OneFBI Arrests Alex Saab, Maduro’s Alleged Front Man, in Venezuela  Colombia One

Why Greenland and Venezuela Are Really about AI - Politics TodayWhy Greenland and Venezuela Are Really about AI  Politics Today

Venezuela in the Prospect of a Democratic Transition. The Light, the Shadow and the Role of the International Community - Opinio JurisVenezuela in the Prospect of a Democratic Transition. The Light, the Shadow and the Role of the International Community  Opinio Juris

U.S. could issue general license for oil companies to produce in Venezuela this week, source says - CNBCU.S. could issue general license for oil companies to produce in Venezuela this week, source says  CNBC

Mix of hope and fear settles over Venezuela a month after U.S.-imposed government change - PBSMix of hope and fear settles over Venezuela a month after U.S.-imposed government change  PBS

President Brahim Ghali receives credentials of new Venezuelan Ambassador to Sahrawi Republic - ????? ??????? ?????????President Brahim Ghali receives credentials of new Venezuelan Ambassador to Sahrawi Republic  ????? ??????? ?????????

India-US trade deal: Can New Delhi switch from Russian to Venezuelan oil as Trump wants? - Zee NewsIndia-US trade deal: Can New Delhi switch from Russian to Venezuelan oil as Trump wants?  Zee News

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

US Advances Venezuela Framework With Diluent License - Energy IntelligenceUS Advances Venezuela Framework With Diluent License  Energy Intelligence

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

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

Explained: How Venezuelan Oil Could Save India $3 Billion a Year - Open MagazineExplained: How Venezuelan Oil Could Save India $3 Billion a Year  Open Magazine

Venezuela's government marks anniversary of Chavez's coup attempt at the 4F military fort in Caracas - Reuters ConnectVenezuela's government marks anniversary of Chavez's coup attempt at the 4F military fort in Caracas  Reuters Connect

Venezuela’s Avior seeks to restart flights to the US - ch-aviationVenezuela’s Avior seeks to restart flights to the US  ch-aviation

US Treasury Secretary Bessent: No Agreement on Venezuela Asset Auditors, External Monitoring for Oil Funds Planned - scanx.tradeUS Treasury Secretary Bessent: No Agreement on Venezuela Asset Auditors, External Monitoring for Oil Funds Planned  scanx.trade

Rights group condemns US Military attack on Venezuela and President Maduro’s crimes - Jurist.orgRights group condemns US Military attack on Venezuela and President Maduro’s crimes  Jurist.org

Venezuela oil exports rise sharply in January under US control, data shows - ReutersVenezuela oil exports rise sharply in January under US control, data shows  Reuters

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

Venezuela oil funds to be monitored by external auditors, says Bessent - Investing.com IndiaVenezuela oil funds to be monitored by external auditors, says Bessent  Investing.com India

'India free to buy oil from any country': Russia after Trump's Venezuelan oil talks with New Delhi - India TV News'India free to buy oil from any country': Russia after Trump's Venezuelan oil talks with New Delhi  India TV News

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

High-Profile Arrests: U.S. and Venezuela's Coordinated Operation - DevdiscourseHigh-Profile Arrests: U.S. and Venezuela's Coordinated Operation  Devdiscourse

Venezuelan oil is key to Trump’s Russia plan. There’s a problem with that - CNNVenezuelan oil is key to Trump’s Russia plan. There’s a problem with that  CNN

Latin American oil giants shrug off potential Venezuelan comeback; smaller players seize near-term upside - Rystad EnergyLatin American oil giants shrug off potential Venezuelan comeback; smaller players seize near-term upside  Rystad Energy

How a Silicon Valley Startup Became a Crypto Lifeline for Venezuela - The Wall Street JournalHow a Silicon Valley Startup Became a Crypto Lifeline for Venezuela  The Wall Street Journal

Dramatic Twist: Alex Saab's Arrest in Venezuela - DevdiscourseDramatic Twist: Alex Saab's Arrest in Venezuela  Devdiscourse

Unpacking the Trump Administration’s Plans for Venezuela’s Oil Revenue - LawfareUnpacking the Trump Administration’s Plans for Venezuela’s Oil Revenue  Lawfare

From the Archives: On Venezuelan War & Peace - The HarbusFrom the Archives: On Venezuelan War & Peace  The Harbus

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

US soon to issue general license for oil production in Venezuela, sources say - ReutersUS soon to issue general license for oil production in Venezuela, sources say  Reuters

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

‘India free to purchase oil from any country’: Russia reacts to Venezuelan crude purchases under US trade pac - India.Com‘India free to purchase oil from any country’: Russia reacts to Venezuelan crude purchases under US trade pac  India.Com

Market Sovereignty and Executive Power: The Venezuela Case - Modern DiplomacyMarket Sovereignty and Executive Power: The Venezuela Case  Modern Diplomacy

Latin America's oil leaders to outcompete Venezuela through 2030, Rystad says - TradingViewLatin America's oil leaders to outcompete Venezuela through 2030, Rystad says  TradingView

Avior Becomes Latest Venezuelan Airline Seeking U.S. Entry - Aviation Week NetworkAvior Becomes Latest Venezuelan Airline Seeking U.S. Entry  Aviation Week Network

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

Venezuela And Iran Unrest: Implications For China’s Oil Import Economics – Analysis - Eurasia ReviewVenezuela And Iran Unrest: Implications For China’s Oil Import Economics – Analysis  Eurasia Review

How Maduro’s Dictatorship Plans to Survive - Ash CenterHow Maduro’s Dictatorship Plans to Survive  Ash Center

How the U.S. Military operation in Venezuela Is affecting container shipping - DatamarNewsHow the U.S. Military operation in Venezuela Is affecting container shipping  DatamarNews

One month after Jan. 3, censorship in Venezuela shows no sign of easing - LatAm Journalism ReviewOne month after Jan. 3, censorship in Venezuela shows no sign of easing  LatAm Journalism Review

Venezuela approves landmark reform opening its hydrocarbons sector to foreign companies - Herbert Smith Freehills KramerVenezuela approves landmark reform opening its hydrocarbons sector to foreign companies  Herbert Smith Freehills Kramer

How Trump can prevent a forever-blockade in Venezuela - The HillHow Trump can prevent a forever-blockade in Venezuela  The Hill

The Arrest of Alex Saab: A Turning Point in U.S.-Venezuela Relations - DevdiscourseThe Arrest of Alex Saab: A Turning Point in U.S.-Venezuela Relations  Devdiscourse

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

Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense - CNBCExxon CEO says Venezuela needs to transition to democracy for oil investment to make sense  CNBC

Venezuelan expats who helped propel Canada oil sands growth see return home as unlikely - ReutersVenezuelan expats who helped propel Canada oil sands growth see return home as unlikely  Reuters

Nation Building in Venezuela? Don’t Worry, We Don’t Know How - RealClearWorldNation Building in Venezuela? Don’t Worry, We Don’t Know How  RealClearWorld

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

US refiners struggle to absorb sudden surge in Venezuelan oil imports - ReutersUS refiners struggle to absorb sudden surge in Venezuelan oil imports  Reuters

Trump keeps a grip on Venezuela - Workers' LibertyTrump keeps a grip on Venezuela  Workers' Liberty

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

Venezuelan Crude Could Cut India’s Fuel Import Costs by $3 Bn: SBI - BW BusinessworldVenezuelan Crude Could Cut India’s Fuel Import Costs by $3 Bn: SBI  BW Businessworld

Venezuela Needs More Than Just Oil Sector Reform - ForbesVenezuela Needs More Than Just Oil Sector Reform  Forbes

Venezuela frees dozens of political prisoners, human rights group says - BBCVenezuela frees dozens of political prisoners, human rights group says  BBC

Lake Maracaibo: The oil region at heart of Trump plan to 'Make Venezuela Great Again' - BBCLake Maracaibo: The oil region at heart of Trump plan to 'Make Venezuela Great Again'  BBC

Venezuela oil funds to be monitored by external auditors, says Bessent - Investing.comVenezuela oil funds to be monitored by external auditors, says Bessent  Investing.com

Venezuela's Prisoner Releases: A Slow March to Freedom - DevdiscourseVenezuela's Prisoner Releases: A Slow March to Freedom  Devdiscourse

Venezuela aims to boost oil output but sanctions stand in the way, VP says - Arab News PKVenezuela aims to boost oil output but sanctions stand in the way, VP says  Arab News PK

Alex Saab's Second Arrest: A Twist in US-Venezuelan Relations - DevdiscourseAlex Saab's Second Arrest: A Twist in US-Venezuelan Relations  Devdiscourse

Trump's biggest energy bet is in AI, not Venezuela - Bangkok PostTrump's biggest energy bet is in AI, not Venezuela  Bangkok Post

Is India shifting away from Russian Oil to Venezuela? Here’s how the new strategy could pay off - news24online.comIs India shifting away from Russian Oil to Venezuela? Here’s how the new strategy could pay off  news24online.com

Mixed Movements Monitoring (July - September 2025) - ReliefWebMixed Movements Monitoring (July - September 2025)  ReliefWeb

WGS 2026: Venezuela courts foreign investors after years of financial isolation - Gulf NewsWGS 2026: Venezuela courts foreign investors after years of financial isolation  Gulf News

SBI: India's Refiners Could Make Money By Switching to Venezuelan Oil - The Maritime ExecutiveSBI: India's Refiners Could Make Money By Switching to Venezuelan Oil  The Maritime Executive

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

Venezuela hopes oil revival will ease economic woes. People want political change, too. - The Christian Science MonitorVenezuela hopes oil revival will ease economic woes. People want political change, too.  The Christian Science Monitor

America And Venezuela: Can It Be Considered A ‘Just War’? - Religion UnpluggedAmerica And Venezuela: Can It Be Considered A ‘Just War’?  Religion Unplugged

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