Analysts are beginning to assess the implications of the Trump administration’s toppling of the Maduro government in Venezuela, not only for the Americas but also for the world.
In 2024, Venezuela exported around 1 million barrels of oil per day.
In January 2025, a little under half of that, around 390,000 barrels per day, was flowing to China, both through official channels and through the so-called “Dark fleet” of tankers.
