Venezuela in Crisis: What We Know so Far

The video discusses the ongoing political crisis in Venezuela, highlighting the defiance of President Maduro amid protests and the controversial establishment of a new Constituent Assembly. It explores the international response, including US sanctions, and the potential economic impact of a ban on Venezuelan oil imports. The discussion also covers the reliance of Venezuela on oil revenue and the broader implications for the global oil market and US refineries.

What challenges does Venezuela face in finding alternative customers for its oil?

Discuss the potential consequences for the US if it imposes sanctions on Venezuelan oil.