01/08/2026
Venezuela holds the world’s largest oil reserves — but produces barely 1% of global supply.
After Trump’s unprecedented intervention and Maduro’s removal, the White House is openly talking about U.S. oil companies taking over Venezuela’s “broken” energy sector.
Can Venezuelan oil really make a comeback — or is this far more complicated than the headlines suggest?
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Can Venezuelan oil make a comeback after U.S. intervention? Trump signals major oil expansion, but sanctions, costs, and instability remain major hurdles.