Venezuela Crisis Explained: Latest Political Turmoil, Economic Collapse & Global Reactions (2026)
Venezuela in Crisis: What’s Really Happening and Why the World Is Watching Venezuela is once again at the center of global attention as the country faces a renewed wave of political tension, economic instability, and international scrutiny. Once one of South America’s wealthiest nations, Venezuela’s long-running crisis has reached a critical phase in 2026, raising urgent questions about its future. This article breaks down the latest developments in Venezuela , explains how the country reached this point, and explores what may happen next. A Nation Rich in Resources, Poor in Reality Venezuela holds the world’s largest proven oil reserves, yet ordinary citizens struggle daily with inflation, unemployment, and shortages of basic necessities. Years of economic mismanagement, corruption, and declining oil production have pushed the economy to the brink. Hyperinflation has eroded savings, wages have lost value, and millions of Venezuelans have migrated to neighboring countries in...