"If your main import is oil" I think you have your imports and exports mixed up Mouse.

If no other countries that are oil rich are going broke "because they're having trouble selling enough oil" then why would the reason be anything other than mismanagement? and if the management is a socialist dictator, why could that not the reason?

Perhaps you can analyze the situation for us better than the WSJ.

First he seizes the assets of foreign oil companies and the he says we need "Investment and experience from foreign oil firms"