Venezuela has world’s largest oil reserve, five times more oil than US, then why is it so poor?
Published on: Jan. 3, 2026, 7:47 p.m. | Source: India.com
Venezuela exported only $4.05 billion worth of oil in 2023, whereas Saudi Arabia exported $181 billion worth, and the United States exported $125 billion worth. - Venezuela has world’s largest oil reserve, five times more oil than US, then why is it so poor?
