Venezuela’s Oil Sector in Transition: History, Sanctions, and Global Markets

Venezuela’s oil sector has long punched above its weight in global energy politics. In this episode of The Global Signal, Rachel Ziemba, founder of Ziemba Insights, examines Venezuela’s historical influence in oil markets, the strategic rationale behind recent U.S. actions, and the structural constraints shaping any recovery in production. The conversation looks at how investors and markets are interpreting Venezuela’s oil potential today, and how political transition could recalibrate global energy flows. A sober, market-driven assessment of a pivotal but often misunderstood oil producer.