BBC
Venezuela and oil are almost synonymous. For more than a century, the South American country was one of the world's leading crude oil producers, and at the end of the last decade, what had been a suspicion was confirmed: it possesses the planet's largest reserve of this hydrocarbon. BBC Venezuelan soil harbors [...]
TL;DR
- Venezuela has the largest oil reserves in the world, primarily extrapesado crude.
- These reserves are estimated to be sufficient for over 100 years.
- The country also possesses significant deposits of various metals and minerals.
- Venezuelan leaders have accused the U.S. of wanting to seize these resources.