ANALYSIS: twin quakes shake more than buildings, rattle the case for IOCs re‑entry

HOUSTON, TEXAS  (By Pietro D. Pitts, Energy Analytics Institute, 20.Jul.2026, Words: 1400) — On 24 Jun. 2026, 2 powerful earthquakes — the first of 7.2 and the second of 7.5 on the Richter scale — hit Vargas state and parts of Caracas, reopening an old wound in Venezuela’s collective memory. 

For many, it was an echo of the deadly Vargas tragedy of late-1999 under the watch of late Venezuelan present Hugo Chávez.