Published: Jan 06, 2026, 13:21 IST | Updated: Jan 06, 2026, 13:21 IST
Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling more pressure on an interim government trying to hang on to power in the face of U.S. threats of more military action.