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Venezuelan president Hugo Chavez was a major financier of Nicaragua’s Daniel Ortega, seen here at a 2016 commemoration on the third anniversary of the socialist leader’s death. Reuters/Marco Bello

Venezuelan oil fueled the rise and fall of Nicaragua’s Ortega regime

Cheap Venezuelan oil boosted Nicaragua's economy and funded President Daniel Ortega's many anti-poverty programs. With Venezuela in crisis, the oil has dried up – as has support for Ortega's regime.

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