Trump Targets Venezuela Oil Revival as U.S. Asserts Control Post-Maduro
U.S. President Donald TRUMP outlined plans to revive Venezuela’s crippled oil industry under American oversight, framing the effort as a strategic pivot to stabilize global energy markets. Chevron and other U.S. firms are expected to lead infrastructure repairs during a transitional period, while Washington maintains oil embargo controls.
Geopolitical tensions simmer as the Biden administration navigates contracts and revenue flows amid leadership uncertainty. Analysts downplay immediate market impacts, citing OPEC+ production buffers and subdued global demand.