Global Oil Power: Venezuela Leads, US & Russia in Top 10 Amidst Geopolitical Clashes

• Venezuela holds the world's largest crude oil reserves (303.22 billion barrels), a close ally of Russia.
• Saudi Arabia ranks second (267.2 billion barrels), a traditional strong ally of the US.
• Iran (approx. 157-158 billion barrels) is third, with deep ties to Russia and China, and long-standing enmity with the US.
• Canada (approx. 170 billion barrels) and Iraq (145.02 billion barrels) are also in the top 5-6, with varying geopolitical alignments.
• Russia (80 billion barrels) and America (approx. 35-50 billion barrels) are both in the top 10, using oil as a strategic weapon in global politics.