The regime of Nicolás Maduro, grappling with intense gasoline shortages, said it will scale back its longstanding fuel subsidy and privatize service stations, in a significant shift for Venezuelans long accustomed to filling up their cars free of charge.
The measures, which take effect on Monday, are a gamble for Mr. Maduro as he struggles with a devastating economic crisis and tries to outlast U.S.-led sanctions meant to topple his authoritarian administration.
MADURO IS A MURDERER AND A THIEF
I thought Venezuela had HUGE oil reserves?
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