this post was submitted on 09 Mar 2026
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Today I learned

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Venezuela has the largest oil reserves in the world (by a lot) (en.wikipedia.org)
submitted 1 month ago by frightful_hobgoblin@lemmy.ml to c/todayilearned@lemmy.ml
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I'd thought it was either somewhere in the Middle East or a big country like Russia

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[–] ShinkanTrain@lemmy.ml 2 points 1 month ago (1 children)

But it's bad no good oil, which is why the US isn't at all interested in it and has done no actions to obtain it in the last 50 years.

[–] finallymadeanaccount@lemmy.world 1 points 1 month ago (1 children)

But now that it's 'owned' by the US, doesn't it go to boost their petrodollar?

[–] Bakkoda@lemmy.world 2 points 1 month ago

It was more to cut off alternate supply imo.