Venezuela’s Vice President Delcy Rodríguez has called on other oil-producing states in OPEC to oppose any U.S. attack on Venezuela.
Delcy Rodríguez said: “Venezuela formally denounces, before this body (OPEC — The Organization of Oil Exporting Countries), that the government of the United States of America intends to take control of Venezuela’s vast oil reserves, the largest on the planet, through the use of lethal military force against the territory, the people and the institutions of the country.”
While Venezuela holds the world’s largest proven oil reserves, estimated at 303 billion barrels as of 2023, it exported just $4.05 billion worth of crude oil in 2023 — far below other major-oil producing countries — due to U.S. sanctions imposed against the Bolivarian Revolution during the first Trump presidency.
Along with Iran, Iraq, Kuwait and Saudi Arabia, the Latin American country was a founding member of OPEC in 1960, with its members cooperating to control oil supply and influence the price of oil in the decades that followed.
[ SOURCE: teleSUR ]
