VENEZUELA Heading Towards OBLIVION as USA Re-Instates Oil Sanctions as Presidential Election Looms

Please Support The Channel: YouTube Membership - YouTube Super Thanks (click below) In October 2023 the USA LIFTED SANCTIONS for a 6 month period in exchange for Venezuela agreeing to a Fair & Equal Presidential Election in 2024. The Election date has been set for 28th July 2024 however the existing President Nicolas Maduro has BANNED his main rival and also prevented her proposed replacement from running. As a direct result the USA has re-instated the SANCTIONS against Venezuela. In this video I provide more details on the current situation and discuss what is likely to happen in Venezuela in the next 6 to 12 months. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. Chapters: 0:00 Intro 3:54 VENEZUELA 4:53 OIL RESERVES 6:05 GLOBAL OIL PRODUCTION 7:14 DRILLING RIGS 9:33 VENEZUELA PRODUCTION 11:29 GDP 12:38 SANCTIONS 14:13 ELECTION 17:29 SUMMARY & CONCLUSION #venezuela #maduro #chávez #collapse #guyana #dollarization #china #russia #dutchdisease