Venezuela Starts Shutting Oil Wells as US Blockade Halts Flows

Venezuela started shutting wells in a region that holds the world’s largest deposits of oil in the face of a blockade by the Trump administration meant to financially squeeze the...

By Fabiola Zerpa · Bloomberg Markets

Venezuela started shutting wells in a region that holds the world’s largest deposits of oil in the face of a blockade by the Trump administration meant to financially squeeze the nation.