The combined US-Israel operations - Operation Epic Fury and Operation Roaring Lion, followed by Iran's retaliatory attacks under Operation Truthful Promise 4, once again plunged West Asia into crisis. The ongoing war is projected to last for 4-5 weeks or longer, potentially exerting a significant impact on the global economy and supply chain resilience. The key motive behind the sudden escalation amid mediation talks under  Oman  remains unclear. Illustration by The Geostrata

In an era of energy transitions and geopolitical uncertainty, Venezuela presents one of the most striking contradictions in the contemporary world. With the largest proven oil reserves at about 303 billion barrels , more than Saudi Arabia and Iran, in theory, the country should be economically viable and geopolitically relevant. Illustration by The Geostrata But the reality stands in antithesis to the expectations, becoming a textbook example of economic collapse, institutio