Venezuela Shuts Oil Wells Amid US Blockade
Update: 2025-12-29
Description
Venezuela, facing a financial blockade, begins shutting down oil wells in the Orinoco Belt, home to the worlds largest oil deposits. PDVSA plans to cut production by 25%, down to 500,000 barrels a day, marking a 15% drop in overall output. This move, a last resort, underscores the growing pressure on President Maduros regime. Checkout Solipillow.com
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