Venezuela Turns to Russia for Gasoline as U.S. Supply Dwindles to Zero
Venezuela has shifted its primary gasoline supply from the United States to Russia, reflecting deepening economic ties amid U.S. sanctions and dwindling supplies.
- As of late 2023, Russia has overtaken the United States as the main supplier of gasoline to Venezuela, crucial for diluting the countrys heavy crude oil.
- Caracas has relied heavily on gasoline imports to process its petroleum, with recent shipments from Moscow indicating a strategic pivot in energy partnerships.
- U.S. sanctions have driven Venezuela and Russia closer together, fostering economic collaboration that could reshape global energy dynamics and challenge Washington, D.C. policies.
Why It Matters
This shift in Venezuelas gasoline supply from the United States to Russia highlights the impact of international sanctions and the potential realignment of global energy resources, which could further isolate the U.S. on the world stage.