The country with the largest proven oil reserves in the world, clocking in at a whopping 299,953,000,000 barrels of proven oil, is currently suffering a fuel shortage so great that it is being viewed by many around the world as a humanitarian crisis. Despite being so incredibly resource rich, Venezuela continues to suffer from an extreme economic crisis with no clear end in sight.
In large part thanks to severe international economic sanctions, the South American nation has been left with few options and few friends. The Trump administration…Will Biden Lift Sanctions On Venezuela?
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