SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 8.Aug.2025, Words: 166) — Venezuela’s president Nicolas Maduro Moros took action to implement an economic emergency decree that aims to address the US blockade against Venezuela amid a global trade war.
On 8 Aug. 2025, Decree No. 5,175 was published in the Official Gazette of the Republic, declaring a state of economic emergency throughout the country due to the extraordinary circumstances that are seriously affecting the country’s economy.
