Where real energy power lies 🌍

It's not just about who has the most oil underground—it's about who can actually produce it, export it, and influence global prices.

Top proven oil reserves (billion barrels, latest 2024/2025 data):

Venezuela: ~303B

Saudi Arabia: ~267B

Iran: ~209B

Canada: ~163B

Iraq: ~145B

UAE: ~113B

The U.S. (~46B) and Russia (~80B) have smaller reserves but dominate markets with high production, advanced infrastructure, and rapid response to demand shifts.

Key takeaway: Sanctions, geopolitics, refining capacity, and low-cost extraction determine true influence. Saudi Arabia and the U.S. often drive price movements faster than reserve leaders hampered by barriers.

With rising global tensions, oil volatility impacts inflation, gold, crypto, and wider markets. Energy remains a major macro driver—keep an eye on OPEC decisions and supply changes.

Who owns the ground... and who controls the flow? 🤔

#OilReserves #EnergyMarkets #globaleconomy #Geopolitics $XAU