Venezuela’s vast oil reserves and Trump’s bold US strategy: What it means for America’s energy future
Published on: Jan. 4, 2026, 1:10 p.m. | Source: The Economic Times
America's focus shifts to Venezuela's oil wealth. President Donald Trump plans to involve US energy firms in rebuilding Venezuela's oil sector. This move aims to tap into the nation's massive crude reserves. Such a development could significantly impact global energy markets. It also presents new opportunities for American refiners. Venezuela holds one of the world's largest proven oil reserves.
