This report discusses the ongoing political, economic, and humanitarian crisis in Venezuela under President Nicolás Maduro and U.S. responses to it. It provides an overview of the political, economic, and social challenges Venezuela faces and analyzes U.S. policy concerns and actions regarding democracy and human rights, drug trafficking and money laundering, terrorism, and energy issues in Venezuela. The section on democracy and human rights includes U.S. support for OAS efforts regarding Venezuela. Proposals in the 115th Congress regarding Venezuela are also discussed.

Demand patterns for world oil and oil products show significant diversity by country, region, and product groupings. As a result of this diversity it is not possible to attach blame for the current level of price to any one nation, region, or product segment. The view that the oil market is international in scope and tightly interrelated is enhanced by the demand data. As a result of the integrated nature of the world oil market it is unlikely that any one nation acting on its own can implement policies that isolate its market from broader price behavior. As new major oil importers, notably China, and potentially India, expand their demand, the oil market likely will have to expand production capacity. This promises to increase the world’s dependence on the Persian Gulf members of the Organization of Petroleum Exporting Countries, especially Saudi Arabia, and maintain upward pressure on price.

This report discusses the funds and material support the U.S. has contributed to help Colombia and the Andean region fight drug trafficking since the development of Plan Colombia in 1999.