Maduro begs OPEC for help as Trump ramps up the pressure, expert weighs in
AI Summary
Venezuelan President Maduro has appealed to OPEC for support against what he claims is U.S. "aggression" undermining Venezuela's energy sector and threatening global oil stability. In a letter to OPEC, Maduro requested help to stop U.S. actions, which include sanctions targeting Venezuelan officials and industries, and the closure of U.S. airspace over Venezuela. According to Latin American Energy Policy Director Francisco J. Monaldi, OPEC is unlikely to intervene, particularly as Saudi Arabia would not want to confront the Trump Administration. Monaldi believes Maduro's appeal is largely symbolic, framing the situation as an oil conflict to suit his narrative. He added that Venezuela could significantly increase oil production with regime change and foreign investment.
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