💫💖🌹 The oil of Venezuela: a big heat wave...

Imagine that the oil of Venezuela is like a big truck filled with gasoline that has to leave for the whole world. 🚛💨

Donald Trump just said: "Stop! No passage for certain trucks!" He announced a total blockade: some oil tankers (the oil truck boats) can no longer enter or leave the country. This is the first time we see such a strong measure.

Result?

➡️ The oil available for the rest of the world decreases a bit and that raises the price of oil.

It’s a bit like there being less pizza to share, so the price of the slice goes up.

We do not yet know if it will exactly lose 1 million barrels per day but we know that it significantly reduces the supply.

In summary, this blockade is a real blow for Venezuelan oil and it makes oil prices tremble a bit worldwide. 🌍🔥

(The consequences of the blockade:

- The price of oil increases due to the reduction of global supply

- Venezuelan exports are already down by 20%

- Companies hesitate to operate in Venezuela due to risks

International reactions:

- The European Union observes cautiously

- China and Russia support Maduro

- The UN calls for restraint to avoid a regional crisis

It is clear that this blockade has important geopolitical implications and could have consequences for global energy security.)

Kindly ✨️

#PATRICIABM 🌹💖💫