Typos

The Strategic Importance of Venezuela

Published January 8, 2026, 07:18
The Strategic Importance of Venezuela

Beyond its vast oil reserves, Venezuela possesses enormous mineral resources crucial for modern technology, including rare earths, gold, iron, and others. This brings the country back into geopolitical focus, with the United States considering it as a potential alternative source of critical minerals, reducing its dependence on China. A potential change of regime in Venezuela could lead to agreements with the US for the exploitation of these resources. The country also boasts significant natural gas reserves and other materials essential for aluminum production and the technological transition. China's dominance in the critical minerals market intensifies the US need for alternative sources.