Venezuela Crisis: Who is buying its oil now?

The biggest buyers of oil for Venezuela, have been the US,  India and China.
But during the last decade, the oil production has been decresing, and with the political and economic crisis in place, is dragging the country out.

The US imposed high sanctions to Venezuela, a few of those are:
The sanctions blocked US companies doing bussiness with Venezuela  and they also had a big impact on the access to the chemicals that are required to process the oil.

There are tankers in the coast of Venezuela, waiting to be send off, but the main buyer of those was United States, so the Venezuelan governement is now hoping that India, its next biggest buyer could double the shipments but that idea, is not looking so good, as the exports to India has been droping as well as the ones to China.

The crisis in Venezuela its not only affecting the political side of the country but also the economic one, the sactions are going to continue hitting hard the country.

https://www.bbc.com/news/world-latin-america-47239060

By Mirna Solis Perez