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Global oil supply

The impact of Venezuela's oil nationalization on global oil supply and prices

Fact-Checks

2 results
Jan 26, 2026
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The Orinoco Belt accounts for approximately 55–60% of Venezuela’s crude output

The simple statement that the supplies "approximately ’s crude output" is partially true as a historical rule of thumb but not a stable, current fact: long-standing reporting and reserve data frame th...

Jan 16, 2026
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What role have U.S. policy actions and sanctions played in companies’ ability to recover compensation from Venezuela?

U.S. sanctions and related policy moves have been a central barrier and occasional lever in companies’ efforts to recover compensation from Venezuela, both by legally isolating Caracas from internatio...