🌎 Venezuela oil news is heating up 👀
U.S. officials say Venezuelan production could rise ~30% soon as reforms and new investment plans are discussed, even as infrastructure bottlenecks remain a challenge. �
Reuters · 1
Meanwhile, export deals with the U.S. are slow but moving, with millions of barrels shipped under a new supply agreement and $300M already received from oil sales. �
Reuters · 1
This comes as Mexico and Venezuela reconfigure the oil market, aiming to regain share. �
Mexico Business News
Geopolitical risk remains real — storage full, production constrained, global buffers easing supply shock fears — but the narrative is shifting fast. �
Reuters · 1
Oil isn’t just a macro story anymore… it’s a global geopolitical pivot.
🛢️ With oil in focus worldwide and major power plays unfolding…
🔥 $FOGO Flames Season 2
https://flames.fogo.io/season-2?af=Fogo7
— capital rotates when narratives shift, and onchain activity survives noise.
