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Strategies & Market Trends : World Outlook

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To: Les H who wrote (49572)	12/18/2025 9:42:45 AM
From: Les H	Read Replies (1) of 49720

Trump administration asking US oil industry to return to Venezuela — but getting no takers Story by Ben Lefebvre, Sophia Cai and James Bikales, Politico November 17, 2025 The Trump administration is asking U.S. oil companies if they’re interested in returning to Venezuela once leader Nicolás Maduro is gone, three people familiar with the discussions told POLITICO. And so far, the answer is a hard “no.” The administration’s outreach to the industry, previously unreported, is the latest sign the White House is dreaming of a post-Maduro future for Venezuela — and how the world’s oil markets are both helping and hindering that goal. Trump administration asking US oil industry to return to Venezuela — but getting no takers They're finding out that the economy's been wrecked by years of hostile US sanctions and Caracas' mismanagement which will require a higher price on the cost of crude oil to cover the rebuilding of the industry and the economy as well. China's companies are probably going to eventually outbid the American oil companies as they did in Iraq.

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