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Venezuela.

THE WORLD WILL DEPEND ON OIL UNTIL 2075. MINIMUM.

Wars everywhere. Russia and Ukraine. The US and Israel against Iran. The US and Venezuela. Different conflicts, different causes. But follow the money, the shipping lanes, and the energy infrastructure. Oil keeps showing up.

1 prediction, 1 FAQ and 1 Math Man Magazine story by Igor Beuker · Updated

///Prediction cards

Igor's predictions on Venezuela

///FAQs

Questions about Venezuela, answered

What are the top 10 richest countries in natural resources?

Russia ranked number 1 in a 2012 natural-resource valuation, with an estimated $75.7 trillion, about $31 trillion more than the United States. Saudi Arabia, Canada and Iran completed the top 5. The study estimated the value of 10 resource categories, including oil, gas, coal, timber, gold and uranium, using prices available at the time. Forget GDP. And Russia's biggest treasure in that ranking was not oil. It was timber, valued at $28.4 trillion. The world's top 10 in the 2012 study: 1. Russia: $75.7 trillion. Timber, natural gas, oil. 2. United States: $45 trillion. Coal, timber, natural gas. 3. Saudi Arabia: $34.4 trillion. Oil, natural gas. 4. Canada: $33.2 trillion. Oil, timber. 5. Iran: $27.3 trillion. Oil, natural gas. 6. China: $23 trillion. Coal, timber. 7. Brazil: $21.8 trillion. Timber, iron ore, gold, uranium. 8. Australia: $19.9 trillion. Gold, uranium, iron ore, coal, copper, timber. 9. Iraq: $15.9 trillion. Oil, natural gas, phosphate. 10. Venezuela: $14.3 trillion. Oil, natural gas. Important: These figures come from a 24/7 Wall St. analysis published in April 2012 and later reproduced by Statista. They are not 2026 valuations. They estimate gross resource values at historical prices, without deducting extraction costs. The timber calculation assumes all trees could be harvested and sold. DR Congo is sometimes quoted at $24 trillion in untapped minerals, but that estimate uses a different methodology and cannot be directly compared. My final thought: Owning the mine is potential. Owning the refinery is power. Raw materials, natural resources, commodities, minerals, critical minerals and rare earths: see my top 10 raw materials, my OIL 2075 prediction card and the top 10 richest countries in natural resources.

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Venezuela in Math Man Magazine