Venezuela’s Oil Production Grows at a Crucial Time Despite Challenges

Venezuela’s oil production is growing at a crucial time, with conflict in the Middle East disrupting traffic in the Strait of Hormuz, thereby crimping global petroleum supply. Since the U. S.

captured President Nicolas Maduro in a daring night raid in early January 2026, Venezuela’s petroleum output has soared to multiyear highs. Recent regulatory reforms, the easing of U. S.