British media: How much oil does Venezuela export? Who are the buyers?

Maduro has long accused the U.S. Trump administration of trying to remove him from power, with the aim of allowing the United States to control Venezuela's vast oil resources. He once cited a statement made by Trump after the U.S. seized the first oil tanker off the coast of Venezuela as evidence.

At that time, a reporter asked about the destination of the oil tanker and its cargo, and Trump responded, "I think we will keep the oil."

However, U.S. officials have previously denied Venezuela's accusations, stating that actions against the Maduro government were not aimed at gaining access to the country's undeveloped oil reserves.

Venezuela has the largest proven crude oil reserves in the world, and revenue from the oil industry accounts for more than half of the government's budget income.

However, due to sanctions, lack of investment, and mismanagement by the state-owned oil company, its oil exports have been severely impacted.

According to data from the U.S. Energy Information Administration, Venezuela accounted for only 0.8% of global crude oil production in 2023.

Currently, Venezuela exports about 900,000 barrels of crude oil per day, with China being the largest buyer of crude oil.

Source: BBC

U.S. forces capture the President of Venezuela

Original: toutiao.com/article/1853348397333644/

Statement: This article represents the views of the author alone