Categories: Estero

How much oil does Venezuela have? | BBC News


Venezuelan leader Nicolás Maduro says escalating pressure from the US comes down to one thing: Washington wants to grab the South American nation’s vast oil reserves.

This week, the American military seized an oil tanker, which was allegedly carrying Venezuelan oil being shipped in violation of US sanctions, and threatened action against other ships.

The move followed a series of military strikes on Venezuelan boats, which the US alleges are drug-trafficking vessels. President Donald Trump has called on Maduro to leave office, accusing him of sending narcotics and murderers to the US.

So is it Venezuela’s oil that Trump really wants? And would it actually be worth it?

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