Part 1: Venezuela’s Oil: How It Powered The World & What Went Wrong
As oil output plummeted, so did revenue. And as conditions worsened and the government turned more oppressive, international sanctions followed, further isolating the industry. Once one of the world’s richest oil producers, Venezuela’s rise seemed unstoppable. We look at how politics, power struggles and global pressure led to the complete breakdown of this South American country. As the consequences still unfold, will Venezuela and its oil industry make a comeback […]