According to a report published by Lyon, Venezuela has the world's largest proven reserves, yet it accounts for only 1% of global production. If capital expenditure is sufficient, production is expected to triple, continuing the oil oversupply situation, reducing oil prices, and benefiting importing countries with current account deficits in the Asia-Pacific region. Although US President Trump's actions have so far been a success in the military, this recent adventurism may trigger more regional ambitions, heighten geopolitical risks, and support the price of gold.

According to a report published by Lyon, Venezuela has the world's largest proven reserves, yet it accounts for only 1% of global production. If capital expenditure is sufficient, production is expected to triple, continuing the oil oversupply situation, reducing oil prices, and benefiting importing countries with current account deficits in the Asia-Pacific region. Although US President Trump's actions have so far been a success in the military, this recent adventurism may trigger more regional ambitions, heighten geopolitical risks, and support the price of gold.