Venezuela, Trump and Oil Sale
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Trump, Colombia and Petro
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Laura Farnsworth Dogu, a career diplomatic tapped to be President Trump's top envoy in Venezuela, has the delicate task of rebuilding Washington-Caracas ties.
Outside the determination to control Venezuelan oil sales, much of the Trump administration’s plan for post-Maduro Venezuela seems improvised.
The United States will allow Venezuela to sell oil that's currently under American sanctions and use the proceeds to pay for basic government services.
From boarding school to beauty pageants, the US president mingled with Venezuela’s jet set long before he set sights on the country's oil industry.
Trump Is Courting Chevron, ExxonMobil, and Others on Venezuela. What It Could Mean for Your Energy Portfolio. Chevron is already operating in Venezuela and will likely be happy to be given a freer hand there. Other energy companies could someday find investing in the country appealing, given its large oil reserves.
Trump said he instructed Transportation Secretary Sean Duffy and U.S. military leaders to open up the airspace by the end of the day.
Geopolitical tensions are escalating with world powers racing to secure the resources needed for the AI buildout. As the market navigates a whirlwind of headlines, the prices for commodities–including essential ingredients for AI infrastructure–have hit all-time highs.
Exxon Mobil Corp. and Chevron Corp. are treading carefully as they weigh President Donald Trump’s call to invest $100 billion to rebuild Venezuela’s oil industry against the disciplined spending model that’s sent their stocks soaring on Wall Street.
Delcy Rodriguez is slow-walking human-rights and democratic reforms, aiming to outlast Washington’s focus on her country as U.S. midterms approach.
Delcy Rodríguez is professing public cooperation while seeming to go rogue. It’s a dissonant reality for the US government.