Doomberg • 6365 implied HN points • 20 Jan 25
- Venezuela used to be one of the world's top oil producers but has seen its production decline by over 80% due to mismanagement and political issues. This has made the country really poor compared to its past.
- Maduro, the current president, has taken provocative actions as his power weakens, including making bold statements about 'liberating' Puerto Rico with military help.
- Venezuela has huge oil reserves and could be an important energy supply for the U.S., creating a potential interest in the country from U.S. leaders.