UPDATE: Venezuela has just announced a breakthrough in its oil production, achieving a daily output of 1.2 million barrels despite escalating tensions with the United States. This significant milestone was revealed by Vice President Delcy Rodriguez on Saturday via Telegram, marking a critical moment for the state oil company PDVSA.
The announcement comes amid a backdrop of intense US pressure, with recent reports confirming the seizure of multiple oil tankers linked to Caracas, including the Panama-flagged vessel Centuries on December 11. Rodriguez hailed the production target as a “Christmas gift” to the Venezuelan people, emphasizing the resilience of oil workers who continue to defy what she described as “harassment, hostility, and imperialist illegality.”
Rodriguez stated, “Nothing and no one will stop us,” as she expressed unwavering support for President Nicolas Maduro and the country’s efforts to increase oil production further. The Vice President noted that the success aligns with the government’s Productive Independence Plan, which aims to boost production ahead of ambitious targets set for 2026.
This announcement coincides with aggressive actions from the US, which has intensified its sanctions and military operations against Venezuela’s oil shipments. US President Donald Trump previously declared a “total and complete blockade” of sanctioned oil tankers, labeling Maduro’s administration a “foreign terrorist organization.”
Venezuela has condemned these actions as “international piracy,” accusing the US of exploiting anti-narcotics efforts to destabilize the region and seize control of its oil resources. Official statements from Washington assert that these measures are necessary to combat corruption and drug trafficking in the area.
As tensions escalate, all eyes are on Venezuela’s oil industry, which remains a critical lifeline for the nation amidst ongoing economic struggles. The success in reaching this production goal could have profound implications for the country’s future, as well as its ability to navigate the challenges posed by US sanctions.
Looking ahead, observers are keen to see how Venezuela will respond to the continued US pressure and whether it can maintain or exceed its current production levels. The situation remains fluid, with further developments expected in the coming days.
Stay tuned for more updates as this story unfolds.
