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2 months ago

3 key takeaways from Trump's push to put US oil firms back in Venezuela

Following the dramatic capture of Venezuelan President Nicolás Maduro, the United States is now positioned to exert significant influence over the future of the world’s largest oil reserves.What President Donald Trump does next could reshape Venezuela’s energy industry, alter global oil flows and redefine the balance of influence among major powers long invested in the country’s crude.Here are three key takeaways:Venezuela, a country almost twice the size of California, sits atop extraordinary wealth. With more than 300 billion barrels of proven oil reserves, Venezuela holds more crude than es...

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2 months ago
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