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Saturday, January 3, 2026

Trump: US oil companies to go into Venezuela

 United States President Donald Trump said on Saturday that large American companies will go into Venezuela following Washington's capture of the South American country's President Nicolas Maduro in order to "fix the badly broken" oil infrastructure.

Trump claimed that the oil business in Venezuela has been " bust for a long time" and that the country has not used its resources as it could have. He alleged that US companies will "spend billions of dollars" on infrastructure and "start earning money" for Venezuela, which has the largest oil reserves in the world.

The US president also stated that his administration was prepared to stage a second attack on the Latin American country if needed, but noted it likely will not be necessary as the first one seems to have been a "success."

https://breakingthenews.net/Article/Trump:-US-oil-companies-to-go-into-Venezuela/65420254

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