💨 Abstract

Global oil prices dropped after the U.S. reportedly persuaded Venezuela to divert oil supplies from China to the U.S., aiming to control Venezuela's oil reserves. President Trump announced plans to refine and sell Venezuelan crude, stating the proceeds would benefit both Venezuela and the U.S. China condemned the move as bullying and a violation of international law. The U.S. intervention to capture Venezuelan President Maduro has sparked international concern and internal power struggles in Venezuela. The U.S.

Courtesy: theprint.in