Venezuelan President Nicolás Maduro has asked OPEC and OPEC+ to oppose what he calls escalating and unlawful U.S. threats to Venezuela's oil reserves. Maduro's appeal came after a provocative social-media post about Venezuelan airspace and amid an increased U.S. military presence in the Caribbean. Venezuela holds an estimated 303 billion barrels of proven oil but exported only about $4.05 billion in crude in 2023, a shortfall tied partly to U.S. sanctions. Human-rights groups have raised concerns about lethal strikes on vessels and the broader regional security impact.
Maduro Appeals to OPEC to Counter What He Calls US Threats to Venezuela's Oil

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