Feb 15 • 17:22 UTC 🇧🇷 Brazil G1 (PT)

The other natural riches of Venezuela that are 'critical' for the USA

The article discusses Venezuela's extensive mineral resources beyond oil, which are considered significant for the United States.

Venezuela has long been synonymous with oil, being one of the world's largest producers for over a century and currently holding the largest proven oil reserves globally, with around 300 billion barrels, surpassing Saudi Arabia. However, the geological wealth of Venezuela extends beyond just petroleum; the country is also rich in various metals and minerals.

These other resources are becoming increasingly relevant to the United States, especially as global demand for minerals grows and supply chains become more crucial to technological production. The implications of these mineral resources can alter economic and geopolitical landscapes, particularly as technology and energy sectors seek stable sources of materials critical for their operations.

The increasing recognition of Venezuela's unique resource wealth presents both an opportunity and a challenge for the country, which has faced economic decline and political instability. As global dynamics shift, interest from the U.S. and other nations may lead to new partnerships or further conflict over these resources, underscoring the strategic importance of Venezuela’s mineral wealth in the coming years.

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