The death toll from the twin earthquakes that struck Venezuela earlier this week has risen sharply to 1,430, with approximately 50,000 people still reported missing.
A newborn baby was rescued from the rubble of a collapsed building 32 hours after the initial tremors, offering a rare moment of hope amid the devastation.
The latest figures represent a significant escalation from the 589 deaths confirmed by authorities on Friday.
The rapid increase in casualties underscores the severity of the structural damage across northern Venezuela, where rescue teams are continuing to dig through debris in search of survivors.
For markets, the primary concern remains the potential impact on Venezuela’s energy infrastructure.
As the world’s largest holder of proven oil reserves, any disruption to production or export facilities in the affected coastal regions could have implications for global supply chains, particularly if key ports or pipelines are compromised.