Venezuela Reportedly Weighs Exiting OPEC, Potentially Reshaping Global Oil Markets

Venezuela is reportedly considering withdrawing from OPEC, a move that could significantly impact the global oil cartel it helped establish over six decades ago. Discussions with U.S. officials have included the possibility of an exit, which could pave the way for international oil companies to play a larger role in rebuilding Venezuela's oil industry and potentially contribute to a global oil surplus.