🌍 OPINION: COULD A U.S.–SAUDI–VENEZUELA OIL ALLIANCE SQUEEZE RUSSIA & CHINA? 🇺🇸🇸🇦🇻🇪
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Venezuela sits on the world’s largest proven oil reserves — well over 300 billion barrels, more than Saudi Arabia and Russia — but decades of underinvestment and sanctions have kept output far below potential.
Recent U.S. moves aim to steer Venezuelan crude toward American markets. President Trump announced plans for Venezuela to send tens of millions of barrels of oil to the United States under U.S. direction, diverting supplies that once flowed mainly to China.
If U.S. and Saudi production and export strategies align with revived Venezuelan output, such a bloc could wield significant influence over global oil flows. Redirecting Venezuelan barrels away from China and undercutting Russia’s revenue stream might tighten energy access for two major global competitors.
This dynamic goes beyond economics — it’s a geopolitical play that could alter energy trade, global power balances, and the way major economies source crucial crude supplies.
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