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The Venezuelan oil industry Trump is planning to revive

President Donald Trump said Venezuelas oil industry could become profitable again with backing from the United States, after U.S. forces captured President Nicols Maduro, who faces drug and weapons charges. Trump said large U.S. oil companies would invest billions to repair Venezuelas damaged oil infrastructure and boost production, which he described as far below potential.

4 Jan 2026 6:20 am