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Venezuela in the Global Energy Equation: A Reserve Giant Amidst Dramatic Geopolitical Shifts

Mohamed Abdelhamid Commodities, Daily Economic Reports, Economic Report, Market Update

Venezuela commands the global energy throne, holding the largest strategic oil vault on the planet. With proven reserves of approximately 303 billion barrels, this geological empire accounts for nearly 20% of the world’s total oil wealth, comfortably outstripping energy titans like Saudi Arabia, Iran, and Iraq.Yet, as of early 2026, …

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