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'''Venezuela''' is located in [[South America]]. The country is located to the east of [[Colombia]], south of the [[Caribbean]], west of the [[Atlantic Ocean]] and [[Guyana]], and north of [[Brazil]].  Discovered by [[Christopher Columbus|Columbus]], the sight of the marsh huts built by the native people would result in the country being referred to as "little Venice," for [[Venice]], Italy. Venezuela is divided into 23 states, a capital district and 72 federal dependencies. The capital city of Venezuela is [[Caracas]]. In a military operation early on January 3, 2026, the [[United States]] captured and removed [[Nicolás Maduro]] from [[Venezuela]], for a trial in [[New York City]] on drug-related charges.
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'''Venezuela''' is located in [[South America]]. The country is located to the east of [[Colombia]], south of the [[Caribbean]], west of the [[Atlantic Ocean]] and [[Guyana]], and north of [[Brazil]].  Discovered by [[Christopher Columbus|Columbus]], the sight of the marsh huts built by the native people would result in the country being referred to as "little Venice," for [[Venice]], Italy. Venezuela is divided into 23 states, a capital district and 72 federal dependencies. The capital city of Venezuela is [[Caracas]]. In a military operation early on January 3, 2026, the [[United States]] captured and removed [[Nicolás Maduro]] from Venezuela, for a trial in [[New York City]] on drug-related charges.
    
As of 2023, Venezuela holds the largest known reserves of oil, estimated at 303 billion barrels (Bbbl). This makes it the country with the most significant oil reserves globally, surpassing [[Saudi Arabia]], which ranks second with 267.2 Bbbl.<ref>https://www.visualcapitalist.com/countries-with-the-largest-proven-oil-reserves/</ref>
 
As of 2023, Venezuela holds the largest known reserves of oil, estimated at 303 billion barrels (Bbbl). This makes it the country with the most significant oil reserves globally, surpassing [[Saudi Arabia]], which ranks second with 267.2 Bbbl.<ref>https://www.visualcapitalist.com/countries-with-the-largest-proven-oil-reserves/</ref>
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