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8.5
Unreliable power grid blocks Venezuela oil expansion despite US rebuild push
Valor Econômico·VE · US·2 days ago
Venezuela's electricity minister attributes widespread blackouts to earthquakes, sanctions, economic recovery, and heat, but residents report 5-6 hour daily outages. The explanation is likely incomplete, with grid underinvestment and mismanagement probable factors. This signals ongoing infrastructure fragility and potential social unrest.
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