Energy Storage Solutions in Caracas: Powering Venezuela''s
Discover how modular energy storage containers are revolutionizing power management across industries in Caracas - and why global suppliers like EK SOLAR lead this transformation.
"History shows that forced regime change rarely stabilises oil supply quickly, with Libya and Iraq offering clear and sobering precedents," said Jorge Leon, head of geopolitical analysis at Rystad Energy. Trump told Fox News on Saturday the United States would be very strongly involved in Venezuela's oil sector.
Venezuela holds about 17% of global reserves or 303 billion barrels, ahead of Organization of the Petroleum Exporting Countries (OPEC) leader Saudi Arabia, according to the London-based Energy Institute.
A motorcyclist passes in front a mural of Venezuela's state oil company PDVSA near the company's headquarters, in Caracas, Venezuela May 14, 2025. REUTERS/Leonardo Fernandez Viloria Purchase Licensing Rights
If regime change is successful, Venezuela's exports could grow as sanctions are lifted and foreign investment returns, said MST Marquee analyst Saul Kavonic.
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