Historically and into 2026, Nicaragua has . It is entirely reliant on imports to meet its hydrocarbon demands.
: Internal documents related to the state-run oil company's joint ventures, such as those historically held with Venezuela. NICARAGUA: OIL PROBLEMS AND PROSPECTS - CIA nicaraguan_oil_samples.7z
: In late 2025, President Daniel Ortega accused the U.S. of using military operations in the Caribbean as a "farce" to seize control of regional oil, specifically targeting Venezuelan reserves. The "Nicaraguan Oil Samples" File Historically and into 2026, Nicaragua has