Colombia's Cocaine Trade Now Outearns Its Oil Exports | HappeningNow.news

Energy · 22 views

Colombia's Cocaine Trade Now Outearns Its Oil Exports

Drug lords in Colombia are making more money from cocaine than the government is making from crude oil sales, a report from a Colombian university has found.

Source Summary Published June 25, 2026 Brief Under 1 min brief
Story intelligence
Coverage Single outlet Single-outlet story
Views 22 Community interest
Brief read Under 1 min brief 54 words

Summary

Drug lords in Colombia are making more money from cocaine than the government is making from crude oil sales, a report from a Colombian university has found. At $16.5 billion for 2024, cocaine revenues surpassed oil export revenues, which stood at around $15 billion that year, UPI reported, citing the research from EAFIT University.

Read original at Oilprice

More from Energy

Continue reading recent Energy coverage

Support HappeningNow

Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.

Support HappeningNow

Report an issue with this page