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Venezuela: How Sanctions Redraw Oil Trade Flows (2022-2025) | Synapse
March 3, 2026
Open Access
Venezuela: How Sanctions Redraw Oil Trade Flows (2022-2025)
NE
Nathalie El-Bazzal
FH
Falakshahi Homayoun
Key Points
Sanctions have significantly altered oil trade flows, impacting Venezuela's economy.
Venezuela experienced a 30% decrease in oil exports due to international sanctions.
Analysis of oil trade patterns highlights changes in geopolitical dynamics and alliances.
The findings suggest long-term economic challenges for Venezuela as sanctions persist.
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El-Bazzal et al. (Thu,) studied this question.
synapsesocial.com/papers/69a75a8bc6e9836116a20815
https://doi.org/https://doi.org/10.2139/ssrn.6052355
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