Where are Venezuela's oil revenues going? Zahra Fehri When it comes to America's intervention in Venezuela, the official narrative emphasizes the restoration of democracy and the improvement of people's lives; But control of the country's oil revenues raises other questions about the distribution of power and wealth. Who manages Venezuela's oil revenues and where are these resources spent? After the military intervention and the kidnapping of Nicolás Maduro, the United States took over the sale of a large part of Venezuela's oil. Analysts estimate that more than $13 billion of oil has been sold since January. Along with the use of part of the revenues for government payments and currency allocation, there is still uncertainty regarding the total revenues and how they will be spent. This video examines how the control of Venezuela's oil resources has become an economic and political lever and why the increase in oil revenues alone is not a guarantee of improving people's livelihoods. the channel.

Where are Venezuela's oil revenues going? Zahra Fehri When it comes to America's intervention in Venezuela, the official narrative emphasizes the restoration of democracy and the improvement of people's lives; But control of the country's oil revenues raises other questions about the distribution of power and wealth. Who manages Venezuela's oil revenues and where are these resources spent? After the military intervention and the kidnapping of Nicolás Maduro, the United States took over the sale of a large part of Venezuela's oil. Analysts estimate that more than $13 billion of oil has been sold since January. Along with the use of part of the revenues for government payments and currency allocation, there is still uncertainty regarding the total revenues and how they will be spent. This video examines how the control of Venezuela's oil resources has become an economic and political lever and why the increase in oil revenues alone is not a guarantee of improving people's livelihoods. the channel.