💨 Abstract

The U.S. aims to control Venezuela's oil sales and revenue to drive political change. Energy Secretary Chris Wright discussed potential U.S. oil company involvement in Venezuela, suggesting that controlling oil flow and sales would provide significant leverage. The U.S. plans to sell Venezuelan oil to domestic and global refineries, with revenues deposited in U.S.-controlled accounts. This move follows President Trump's statement about taking control of Venezuela, potentially giving U.S. energy companies access to its vast oil reserves.

Courtesy: theprint.in