Lodi Eye

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US, Venezuela and BRICS
International Don Bradford International Don Bradford

US, Venezuela and BRICS

On January 3, 2026, the United States conducted Operation Absolute Resolve, which had immediate and significant ramifications for the BRICS bloc, its members' strategic interests, and the broader transition toward a multipolar international order.

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US Oil Companies in Venezuela - January 2026
Energy Don Bradford Energy Don Bradford

US Oil Companies in Venezuela - January 2026

As of January 9, 2026, Chevron remains the only US oil company with active operations in Venezuela. The Trump administration is aggressively courting major US oil companies to invest in Venezuela's deteriorating oil infrastructure, claiming potential investments of $100 billion and rapid production increases.

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Venezuela Leadership Analysis - January 2026
International Don Bradford International Don Bradford

Venezuela Leadership Analysis - January 2026

On January 3, 2026, U.S. forces captured Venezuelan President Nicolás Maduro and his wife Cilia Flores in "Operation Absolute Resolve." This analysis examines the key individuals positioned to lead Venezuela, their power bases, foreign alignments, and the requirements for either democratic transition or resource-extraction-focused governance

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Venezuela’s Oil Industry in Global Market - January 2026
Energy Don Bradford Energy Don Bradford

Venezuela’s Oil Industry in Global Market - January 2026

Venezuela possesses the world's largest proven oil reserves at approximately 303 billion barrels, surpassing Saudi Arabia's 267 billion barrels. Despite this vast resource base, current production has collapsed to 860,000–1.1 million bpd, down from a peak of 3.5 million bpd in 1998. This represents less than 1% of global oil output from the world's largest reserve holder.

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US and Venezuela:  October 2025 Update
International Don Bradford International Don Bradford

US and Venezuela: October 2025 Update

As of October 2025, US-Venezuela tensions have escalated significantly following US strikes on civilian boats allegedly carrying drugs from Venezuela. Since September 1-2, 2025, the US has conducted multiple strikes killing at least 43 people, though no evidence of drugs has been publicly provided. The US has deployed its largest military presence in Latin America in decades

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