Venezuela Shuts Oil Wells Amid US Blockade
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays
Categories:
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.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
