Venezuela is located on the northernmost tip of the South American continent. Its shoreline opens to the Caribbean Sea. The Venezuelan territory encompasses a portion of the Andes mountains chain, the Maracaibo Lake, and the Orinoco River basin and contains the regions of Guayana, Amazonia and the Plains. The capital city is Caracas. Venezuela has a wealth of raw materials—iron, asphalt, bauxite, water, coal, and above all, oil. The country is known worldwide as an oil-producing country.
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