Former US President Donald Trump may have disappeared noisily into history but the Damocles sword he has left over the Maduro administration in Venezuela continues to hang threateningly and Trump’s successor, Joe Biden, is appearing in a hurry to be moved.
This week Caribbean News.net quoted “experts” warning that one-time South American oil giant could be heading for another of its familiar crises unless Washington lifts the sanctions that prevent the Maduro administration from swapping its crude oil for refined diesel.
From all reports, Caracas’s oil refinery infrastructure is in no position to produce the diesel volumes the country needs so that the country has become increasingly reliant on imported diesel fuel for its electricity and electricity sectors transport. According to reports, no diesel ships have arrived in Venezuela since October 2020 and current supplies are expected to stop in March.