July 28, 2024

Oil revenue down 99% due to US sanctions, but Iran helping: Maduro

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Venezuelan President Nicolas Maduro has said that US financial sanctions have caused Venezuela’s oil revenue to plunge 99 per cent over the last six years. Venezuela has the world’s largest oil reserves, but its oil industry is hobbled by US sanctions which have thrown the country into its worst economic crisis in years, Press tv reported. By IANS. Full Text -> NewsD

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