Why Iran's fate means more to oil markets than Venezuela's

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Source: Deutsche Welle
Published: 2026-01-21 21:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Africa, Asia, Human Rights, Iran, Energy, Economy & Finance, China
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Snippet:
Energy and resources experts agree — if the situation in Iran gets out of control, it will have a massive impact on global oil and financial markets. That was not the case after the removal of Nicolas Maduro in Venezuela. Then again, Iran produces four times as much oil.
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