Once one of the world's richest nations, Venezuela has faced a decadeslong collapse that triggered one of the largest migrations in history.

Following the capture of President Nicolás Maduro, global attention has shifted to the White House’s next move in the region. To understand the stakes of this transition, here are six charts that illustrate the scale and significance of Venezuela’s oil reserves.

We’ve been checking in on the economic conditions in Venezuela for about a decade now. In response to the U.S. strike and the capture of Venezuelan president Nicolás Maduro this weekend, we’re re-surfacing this episode with an update.

The arrest of Nicolás Maduro in a U.S. raid could bring relief to average Venezuelans after decades of economic mismanagement led to rampant inflation and poverty.

In Cuba, where everyday people are accustomed to the dire economic situation, many are bracing themselves for even tougher conditions following the U.S. actions in Venezuela. The island and its government survived the collapse of the Soviet Union in the 1990s when its economy shrank by roughly 30%.

Nicolás Maduro has accused the U.S. of attacking Caracas in an attempt to take control of its natural resources.

Energy Secretary Chris Wright says the U.S. has taken control of all of Venezuela’s oil sales “indefinitely.” For starters, the South American nation will hand over more than $2 billion in crude oil to the U.

Militia groups outside Caracas' control could endanger oil workers, while a drop in crude oil prices makes it harder for companies to recoup investments.

Venezuela's economy faces uncertainty as analysts debate sanctions relief following Maduro's arrest, with oil production and recovery far from guaranteed.

Millions of barrels of Venezuelan oil that couldn't previously be sold because of US sanctions will begin arriving 'very soon,' the White House said.