• 346 days Will The ECB Continue To Hike Rates?
  • 347 days Forbes: Aramco Remains Largest Company In The Middle East
  • 348 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 748 days Could Crypto Overtake Traditional Investment?
  • 753 days Americans Still Quitting Jobs At Record Pace
  • 755 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 758 days Is The Dollar Too Strong?
  • 758 days Big Tech Disappoints Investors on Earnings Calls
  • 759 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 761 days China Is Quietly Trying To Distance Itself From Russia
  • 761 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 765 days Crypto Investors Won Big In 2021
  • 765 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 766 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 768 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 769 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 772 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 773 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 773 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 775 days Are NFTs About To Take Over Gaming?
  1. Home
  2. News
  3. Breaking News

Venezuela Has Yet Another Crisis Developing

Venezuela Crisis

Ordinary people in Venezuela are bearing the brunt of the ongoing power struggle in the country and last week’s blackout.

While the power outage in the country which holds the world’s largest oil reserves has shut down oil production and processing operations as well as the main oil export terminal, the blackout has caused massive shortages of running water.

Residents in the town of San Diego in the Carabobo state woke up to see black stuff running from their taps on Wednesday in what appeared to be water contaminated with crude oil.

Local journalist Heberlizeth González posted a video on Twitter, showing that water in the area is not suitable for consumption, and saying that the situation is “terrible” and there are districts without water service for two months.

Without power, the utilities have not been able to pump water to the homes.

Other residents in the town of San Diego also took to Twitter to complain about the contaminated water running from their taps, Daily Mail reports.

Sky News chief correspondent in Caracas, Stuart Ramsey, reports that people in Venezuela are desperate to find water and that the capital doesn’t have power yet to pump the water. There have been many reports that people, including children, have gotten very ill from contaminated water or food, Ramsey reports. Related: U.S. Treasury To Employ “Extraordinary Measures” To Fend Off Default

The Venezuelan National Assembly, dominated by the opposition, has declared a state of alarm over the blackout that the Maduro government blamed on a U.S. cyber-attack and that plunged the struggling country into darkness and chaos for five days.

The Venezuelan government said on Tuesday that some electricity has returned in some areas, Associated Press reports. Meanwhile, Venezuela’s attorney general Tarek William Saab announced on Tuesday that he had launched an investigation into opposition leader Juan Guaidó over suspicions that he had been involved in the power blackout.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment