How the Raid in Venezuela Effects the World Oil Markets

The chant of "no war for oil" has been heard many times. Except this time there was no war but there was plenty of oil. The taking of Maduro by the US Military was historic in many ways more than one.

Venezuela has the largest oil reserves by far and with Mauro now gone these reserves are opened up to the world. These reserves in large part will be controlled by the US and coupling this with the need of the Venezuelan people for hard cash does not bode well for the oil producing nations of the world.

But how does this effect the other nations of the world? Have a new post up on Substack to look at that question.