Venezuela, Maduro and oil
Digest more
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.
Venezuela could lose the bulk of its oil export revenues this year if the U.S. blockade stays in place, according to internal government estimates, a scenario that would set off a humanitarian crisis.
At The Indicator, we’ve been following the conditions in Venezuela over the years. In 2024 we covered how Venezuela’s economy went into freefall, and have been checking in with an economist there frequently — including after the U.
President Trump's focus on Venezuela's and push to expand America's reach steers him further from America's top concern: the economy.
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%.
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 main risk to the U.S. economy from the Trump administration's capture of Venezuela's leader over the weekend would stem from rising oil prices, Minneapolis Federal Reserve President Neel Kashkari said on Monday,
With widespread power outages, medicine shortages and rising food prices, experts say Cuba’s economy has never been worse, with the crisis coming just as the supply of Venezuelan oil is threatened.
Once one of the world's richest nations, Venezuela has faced a decadeslong collapse that triggered one of the largest migrations in history.