Venezuela-U.S.: Export Standstill Hits Venezuela’s Main Revenue Source
Edited By WION Video Desk
Published: Jan 06, 2026, 11:06 IST | Updated: Jan 06, 2026, 11:06 IST
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Venezuela’s main revenue source now faces fresh turmoil as the latest U.S. Action brings exports to a standstill. PDVSA , the state-run oil company, is cutting production and shutting down oilfields as storage fills up. Despite the turmoil, global oil prices remain steady, cushioned by ample supplies elsewhere.
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