President Trump announced the U.S. will assume majority control over a significant portion of Venezuela’s oil reserves, marking a major shift in energy and geopolitical influence. The declaration comes as part of broader efforts to stabilize and exploit Venezuela’s oil sector amid ongoing political and economic turmoil. The move could reshape global oil markets and deepen tensions between Washington and Caracas. Details on how the control will be exercised and its immediate impact remain unclear.
{beacon} Energy & Environment Energy & Environment The Big Story Trump: U.S. has control of large slice of Venezuela's oil President Trump said Friday evening that there will be “majority U.S. control” of a large swath of Venezuela’s oil reserves. © AP Photo/Matias Delacroix “BREAKING NEWS: The United States of America has just entered...
