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Venezuela possesses the world's largest proven oil reserves, a fact that is redefining the global power landscape.
Some analysts point out that if U.S. influence extends further into these reserves, Washington could gain unprecedented control over energy pricing. Coupled with Saudi Arabia, a strategic ally, the U.S. and its partners could nearly control half of the global oil supply—what does this mean? It means absolute dominance over global energy flows and oil price fluctuations.
Russia's situation is concerning. Energy exports are already the lifeblood of its economy. Once the U.S. gains control over oil prices, combined with existing international sanctions, Russia's revenue space will be continuously squeezed, and its countermeasures will be quite limited.
But this is far more than just geopolitics. Control over oil determines inflation trends, trade balances, currency stability, and even the formation of global alliances. Energy advantage equals economic weapon.
The market has not yet fully digested this—when oil evolves from a commodity into a tool of power, the global economic landscape is quietly being reshaped. Stay tuned.