Bolivia's Gas Reserves Depleted, Fuel Shortage Worsens Amid Iran War

Bolivia's chronic underinvestment in its gas sector, following the 2006 nationalization, has led to depleted reserves and a severe fuel shortage. The crisis is exacerbated by rising global energy prices due to the Iran war, straining the economy. The government's reliance on public spending without reinvestment in production has left the country dependent on imports, a pattern now reaching a critical point.