Taking Venezuela’s Oil: How We Got Here
5 Articles
5 Articles
From the first concessions to the controversial 2026 agreement, Venezuela has moved from Washington's strategic supplier to the owner of a nationalized industry and, finally, to seeking foreign capital.
Donald Trump integrates Venezuela into the American crude oil empire. It is a change of power for the global energy supply. The United States controls so large parts of the world market – and fuel its own economy. Thomas Kolbe talks about how the US not only fights its own inflation by controlling the Venezuelan heavy oil stocks, but also strategic The contribution oil shock: Trump's plan for the world market appeared first on Tichy's insight.
From the first concessions to the controversial 2026 agreement, Venezuela has moved from Washington’s strategic supplier to the owner of a nationalized industry and, finally, to seeking foreign capital to recover a production that once exceeded three million barrels a day. Venezuela’s oil entry and the long history of a relationship with the United States #5Sep was first published in El Impulso.
Marco Rubio, Secretary of State, says in an interview, that the oil agreement is not with the interim government, but directly with the private company.
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