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    Home»World»Trump Hails US-Led Push to Resume Venezuela Oil Exports

    Trump Hails US-Led Push to Resume Venezuela Oil Exports

    World January 31, 20262 Mins Read
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    In a confident Oval Office address, President Donald Trump spotlighted America’s commanding role in reviving Venezuela’s oil trade. He described the collaborative process as highly effective, predicting a swift return to exports under US stewardship.

    Trump invited international partners to join, assuring smooth operations. ‘Nations will begin purchasing the oil soon,’ he noted. ‘We’re at the forefront, and everything is on track.’ This Washington-endorsed strategy targets Venezuela’s enormous reserves, long hampered by crisis.

    Over ten years, production has nosedived from economic collapse, infrastructure woes, and sanctions. The announcement, part of talks on Iran, Ukraine, and home front issues, casts the effort as a beacon of progress.

    Yet details are scarce—no list of buyers, no prices, no dates. Political winds shift stateside, where House Oversight Democrats, with Rep. Robert Garcia at the fore, grilled Vitol and Trafigura on a purported $500 million oil transaction.

    Garcia’s missive flags Vitol trader John Addison’s $6 million Trump donation, hinting at conflicts. He branded the ties ‘dubious,’ accusing the administration of leveraging power for profit, duping Americans, and preying on Venezuela.

    Echoing Trump’s prior orders to capture Maduro, Garcia noted subsequent pitches to oil giants about gains from the sector. The panel demands insights into any foreknowledge of actions and profit flows.

    As Trump touts victory, these probes could complicate the roadmap, blending geopolitical ambition with domestic distrust.

    House Oversight Democrats Robert Garcia Letter Trump Administration Trump Venezuela Oil US Leads Oil Revival Venezuela Oil Exports Venezuela Sanctions Vitol Trafigura Probe
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