Venezuela's Trillion-Dollar Secret: Why Superpowers Vie for Its Hidden Riches

• Venezuela holds an estimated $20-25 trillion in natural resources, including the world's largest untapped oil reserves (303 billion barrels).
• Superpowers like the US, China, and Russia are intensely interested, with US military action and strong statements from China/Russia.
• Resources include $18 trillion in crude oil, $1-2 trillion in natural gas, $1 trillion in iron ore, and over $22 billion in gold.
• Despite immense wealth, Venezuela's economy struggles due to sanctions, corruption, and lack of investment in infrastructure.
• India could benefit from potential lifting of sanctions, leading to increased oil supply and lower global crude prices.

Why It Matters: Venezuela's vast, untapped natural resources are a global strategic prize, fueling superpower interest despite its economic woes.