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How U.S. Control of Venezuela Threatens Ecuador’s Broken Oil Industry
U.S. intervention in Venezuela removed a major destabilizing force in South America’s Northern Andes region, the authoritarian regime of illegitimate president Nicolas Maduro. While this will revitalize Venezuela’s economic backbone, the country’s oil industry, it will impact nearby countries, notably those producing heavy crude. Among the most exposed to the risks posed by Venezuela’s resurgent oil patch is Ecuador. For over a decade, Ecuador’s government in the capital Quito has been battling to resurrect the economically…