US Demands Venezuela's Oil Assets
Update: 2026-01-07
Description
The Trump administration presents tough demands to Venezuelas interim president, Delcy Rodriguez, for increased oil production. Key requirements include severing ties with China, Cuba, and Russia, partnering solely with the U.S. on oil production, and prioritizing American buyers for heavy crude sales. The U.S. aims to control Venezuelas oil assets without deploying troops, with potential profits estimated at $1.7 billion to $3.1 billion. As negotiations intensify, the world watches to see if Venezuela complies or resists the mounting pressure.
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