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U.S. oil companies hold off on entering Venezuela — for now
Yahoo Finance· 2026-01-06 00:10
President Donald Trump said U.S. oil companies will play a role in the redevelopment of the Venezuelan economy after the U.S. captured its leader Nicolás Maduro in a weekend military raid. So far, oil companies are staying on the sidelines. On Sunday, Trump reiterated his belief that major oil firms will be eager to take advantage of Venezuela's vast oil reserves and begin pumping oil. He said he'd been speaking with oil companies leading up to Saturday's military operation. "They want to go in and they ...