politics
Venezuela's Oil Revival: A Risky Bet for U. S. Companies
January 5, 2026
Venezuela's oil industry is in shambles. It's a mess of mismanagement, lack of investment, and U. S. sanctions. But now, the U. S. government is pushing major oil companies to invest big in Venezuela. Why? To revive the struggling oil sector and compensate for assets seized years ago. Back in the 2