The escalating U.S.–Venezuela crisis risks deepening global reliance on fossil fuels, undercutting momentum for green innovation and climate cooperation. For India and the broader Global South, the episode highlights how geopolitical shocks can stall equitable climate progress while increasing exposure to high-emission energy sources.
Browsing: oil reserves
Trump announces transfer of 30–50 million barrels of Venezuelan oil after Maduro’s removal, impacting U.S. energy markets.
Venezuelan President Nicolás Maduro has been captured following a major U.S. operation in Caracas, thrusting the nation’s vast oil reserves and political future into uncertainty.