Venezuela Considers Exiting OPEC Amid Oil Production Challenges

Venezuela is reportedly exploring the possibility of exiting the Organization of the Petroleum Exporting Countries (OPEC), a group it co-founded over 60 years ago.

This potential move has emerged from discussions between Venezuelan officials and U.S. representatives, although no final decision has been made.

The country's relationship with Washington has strengthened since the Trump administration took control of Venezuela's oil sales, following the ousting of long-time leader Nicolás Maduro.