Oil exports suddenly dropped right after the illegal sanctions were introduced. Seems like a very weird coincidence that this would be caused by previous corruption.
My understanding is that it wasn’t until 2017 that Venezuela had any sanctions on its oil exports. For that matter, the sanctions in general were pretty targeted. I’m hitting a paywall with your link, but I found another source without a paywall. It looks like they were a couple of years into a collapse in exports before sanctions were passed. This was all happening with a slide in prices that started in 2016. The stats I linked are in barrels, so they shouldn’t be directly affected by oil prices.
Oil exports suddenly dropped right after the illegal sanctions were introduced. Seems like a very weird coincidence that this would be caused by previous corruption.
https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
My understanding is that it wasn’t until 2017 that Venezuela had any sanctions on its oil exports. For that matter, the sanctions in general were pretty targeted. I’m hitting a paywall with your link, but I found another source without a paywall. It looks like they were a couple of years into a collapse in exports before sanctions were passed. This was all happening with a slide in prices that started in 2016. The stats I linked are in barrels, so they shouldn’t be directly affected by oil prices.