Venezuela has the most proven oil reserves in the entire world. Saudi Arabia's 298 billion barrels of proven reserves barely beat Venezuela's 304 billion barrels. Both are significantly more than the 69 billion barrels of U.S. proven reserves.
United States government supported efforts to overthrow the government of Venezuela, particularly during the presidencies of Hugo Chávez and Nicolás Maduro.
Hugo Chávez was the President of Venezuela from 1999 until his death in 2013. He was succeeded by his Vice President, Nicolás Maduro. Both leaders have been associated with socialist policies and anti-U.S. rhetoric. Over the years, there have been repeated allegations that the U.S. government has sought to undermine or overthrow the Venezuelan government. These allegations have included claims of the U.S. providing support to opposition groups, economic sanctions, and diplomatic pressure.
The most notable incident occurred in April 2002, when a coup briefly removed Chávez from power. He was restored to power within 48 hours. The U.S. government recognized the interim government that took power during the coup, leading to allegations of U.S. involvement or support.
In January 2019, opposition leader Juan Guaidó declared himself interim President of Venezuela, disputing the legitimacy of Nicolás Maduro’s presidency. The U.S. and several other nations recognized Guaidó as the legitimate leader. This move was seen by some as another attempt at a U.S.-backed coup.
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