Kyle C. Garrison

A sudden explosion unsettled daily routines throughout sections of northwestern Venezuela, prompting locals to seek clarity. In the absence of an official statement, the situation has relied heavily on witness testimonies to shed light on the event and the wider concerns it has sparked.Eyewitness reports describe a mysterious blast erupting in northwestern VenezuelaIn the first hours of the morning, a sudden and unfamiliar blast rippled through several communities in northwestern Venezuela, jolting residents and briefly casting the area into uncertainty. Many described the noise as an intense boom rather than a slow tremor, powerful enough to be sensed inside homes,…

Regional conflicts often exert disproportionate influence on global energy prices, as energy markets remain highly interlinked, rely on geographically concentrated infrastructure, and react swiftly to shifts in perceived risk; a disturbance confined to a single nation or shipping route can ripple through supply networks, spark speculative and insurance-driven price shifts, and prompt demand-side and policy adjustments that magnify price volatility worldwide.How regional events translate into global price shocksSupply disruption and chokepoints: Many hydrocarbon supplies flow through narrow geographic corridors and a handful of export terminals. If pipelines, ports, or straits are threatened, physical volumes available to world markets fall or…