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US Eyes Venezuela’s Oil Reserves | Jamaica News

US Eyes Venezuela’s Oil Reserves | Jamaica News

Published 3 days, 21 hours ago
Description

The Trump administration is negotiating a historic deal to gain a stake in Venezuela’s oil reserves—the world’s largest—amid a U.S. strategic reserve at a 40-year low. With interim leader Delcy Rodriguez pushing for foreign investment, especially in oil, and Chevron already ramping up production, American companies are cautiously eyeing the opportunity despite risks like crumbling infrastructure and past asset seizures. This could reshape global energy dynamics—if it works out.

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