Oil Theft Is A Major Problem In Latin America ...Middle East

Economy by : (OILPRICE) -
Washington’s focus on disrupting narco-trafficking in Latin America, through a combination of coca crop eradication, enforcement and seizures is placing pressure on criminal organizations to find other sources of income. This has seen criminal organizations and non-state armed groups at all levels across the region move to generate much-needed revenue from less hazardous ventures. One illicit activity, which has exploded in popularity in Latin America since the start of the COVID-19 pandemic is the theft of crude oil and derivative products…

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