The stunning U.S. military operation that toppled Venezuelan President Nicolas Maduro has thrust oil stocks into the spotlight as investors scramble to assess which energy companies stand to benefit most from accessing the world's largest proven crude reserves.
British Petroleum (BP) finds itself in an intriguing position following these geopolitical developments that could reshape global energy markets for decades to come. Venezuela has 303 billion barrels of proven oil reserves, accounting for 17% of the global total. However, it produces less than a million barrels per day after years of mismanagement, corruption, and sanctions that strangled its once-mighty petroleum industry.
