How the US attack on Venezuela is changing the global oil trade
Venezuelan state oil company PDVSA’s facility near the company’s headquarters in Caracas. — Reuters How the US attack on Venezuela is changing the global oil trade By taking military action against Venezuela and arresting President Nicolas Maduro, the United States of America took the lead over China and Russia. At the same time, it changed the global dynamics of the oil trade. This unprecedented act against a sitting president also enabled Washington to launch any war against major oil supplying countries. After all, Venezuela is a mine of black gold that has five times more oil reserves than the US.








