Despite sitting atop the world’s largest oil reserves, it’s a sad truth that Venezuela doesn’t matter for the energy markets. With production languishing near its lowest in a century, American saber-rattling against the administration of President Nicolás Maduro isn’t having much impact on oil; even an actual confrontation looks likely to only push prices a bit higher.
www.bloomberg.com
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Venezuelan Regime Change May Open Oil's Floodgates
