Venezuela: World’s #1 Oil Reserves, Yet Economy & Diplomacy in Crisis

Описание: Venezuela has the world’s largest oil reserves — yet its economy is in crisis, diplomacy is strained, and global capital remains locked out. Why?

In this Short Bite, Indranil breaks down Venezuela’s oil paradox — where natural resources failed to translate into prosperity. This crisis isn’t just economic. It’s political, diplomatic, and deeply tied to sanctions, governance, and access to capital.

We explore:

How Nicolás Maduro’s government and contested elections led to global isolation

Why US and European sanctions cut Venezuela off from finance and oil markets

Venezuela’s geopolitical pivot towards Russia, China, and Iran

The collapse of oil production and flight of private and foreign capital

Why global energy markets are now forcing selective re-engagement

The real question isn’t oil.
It’s who controls capital, trust, and institutions.

Venezuela’s story is a global warning:
Resources alone don’t build nations — credibility, governance, and capital access do.

🎥 This is The Spotlight: Beyond Profession — explaining global power beyond the headlines.

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