US Invests Billions in Venezuela's Oil

US Invests Billions in Venezuela's Oil

Update: 2026-01-04
Share

Description

Following the U.S.-led intervention in Venezuela, President Trump plans to invest billions in reviving the countrys oil production, which holds the worlds largest reserves. The Orinoco belt, a vast area of extra-heavy crude, is the key to this plan. However, years of neglect and sanctions have left infrastructure in ruins, requiring significant investment to increase production. While markets may initially react, the potential impact of a Russia-Ukraine peace deal could overshadow Venezuelan oil dreams. Checkout Solipillow.com

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

US Invests Billions in Venezuela's Oil

US Invests Billions in Venezuela's Oil