Venezuela’s largest oil export terminal is has resumed operations and is now operating at 100 percent capacity after a blackout took it offline earlier in the week, according to Reuters sources , but chances are its problems are not over just yet. The most recent blackout was the second such blackout in about as many weeks, straining an already strained oil industry that serves as the lifeblood of Venezuela. The first blackout in early March shuttered the Jose oil port—Venezuela’s largest—after the Guri dam hydropower plant, supposedly responsible for supplying nearly 80% of the country with power, went offline. Some oil production, too, was shut in as a result of both blackouts, which the Maduro regime claims was an act of sabotage at the hands of the United States. While the scale of the recent blackouts is profound, Venezuela’s power blackouts are nothing new, and most experts agree that […]