It's unbelievable for a country like Venezuela to go through this scarcity in oil production. It tops the countries with the highest oil reserves.
Russia is a strong ally which they can look up to whenever they have challenges with the economy. But this won't last long.
Venezuela needs to get back up and go back to the drawing board on how to get back in the state of producing oil they were some years back. They need to start with cleaning up the political crisis a scene they can use to win the hearts of powerful countries that can support them financially.
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It seems the leadership in VZ is intent on driving that country into the ground. It is no wonder crypto is faring so well in spite of being outlawed. The bolivar is worthless. Yet that government feels that creating a crypto is the answer?
Well if at first you do not succeed....drive another currency into the ground.