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World’s biggest oil reserve holder faces US chokehold as Trump targets Venezuela’s shadow tanker fleet

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11 hours ago

President Donald Trump's new blockade on Venezuela’s sanctioned oil tankers takes square aim at a country that controls the world’s largest crude reserves. At more than 300 billion estimated barrels — roughly 20% of the world’s total and nearly four times U.S. reserves — Venezuela controls the largest oil stockpile on the planet.The move is a direct shot at Venezuela’s economic crown jewel: its oil sector.TRUMP DECLARES 'VENEZUELAN REGIME' A FOREIGN TERRORIST ORGANIZATION, ORDERS OIL TANKER BLOCKADEVenezuela, roughly twice the size of California, sits atop extraordinary oil wealth. Yet its cri...

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11 hours ago
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