Sources: Venezuela is considering leaving OPEC, potentially delivering a new blow to the oil cartel

1. According to informed sources, Venezuela is seriously considering options to withdraw from the Organization of the Petroleum Exporting Countries (OPEC). This move would deal a new blow to the cartel, which Venezuela helped found and has existed for over sixty years. A final decision has not yet been made; a White House spokesperson has not commented, and the Venezuelan Information Ministry has not responded to requests for comment.2. Sources said the idea of withdrawing from OPEC has been raised during talks between Venezuelan and United States officials. This development reflects a significant shift in Caracas’s political landscape—under the Trump administration, the long-standing leader Nicolás Maduro was targeted, and the United States has taken control over Venezuelan oil sales.3. Just four months ago, the United Arab Emirates announced its exit from OPEC, already impacting the organization’s internal unity and its influence over international oil prices. If Venezuela ultimately decides to leave, it will further weaken OPEC’s voice in the global oil market.