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11.01.26 - 05:18
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Escobar: How Trump′s Oily Dreams May Collapse In A Venezuelan Dark Pit (ZeroHedge)
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Escobar: How Trump's Oily Dreams May Collapse In A Venezuelan Dark Pit
Authored by Pepe Escobar,
So the Big Oil Picture in Venezuela is way more complex than the Trump 2.0 gang suspects...
Let's start with neo-Caligula's new edicts on the imperial satrapy he says he now owns; not exactly edicts but outright threats directed to interim President Delcy Rodriguez:
Crack down on “drug trafficking flows”. Well, this should actually be directed to Colombian and Mexican smugglers in cahoots with big American buyers.
Expel Iranian, Cuban, and other “operatives hostile to Washington” – before Caracas is allowed to increase oil production. Not happening.
Halt oil sales to “US adversaries”. Not happening.
Hence it becomes a near certainty that neo-Caligula may bomb Venezuela again.
Neo-Caligula, in a separate motormouth offensive, also clarified that he wants to somewhat overhaul the oil business in Venezuela via subsidies. It “could take less than 18 months”; then it mo...
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11.01.26 - 00:12
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"Uninvestable": Trump′s $100 Billion Venezuela Gamble Meets Oil Industry Reality (ZeroHedge)
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"Uninvestable": Trump's $100 Billion Venezuela Gamble Meets Oil Industry Reality
President Donald Trump's push for U.S. oil companies to commit at least $100 billion toward rebuilding Venezuela's energy industry is meeting significant resistance from the very executives he is courting, according to Bloomberg.
Although the White House projects confidence, industry leaders are warning that Venezuela remains too unstable for major investment, with Exxon Mobil CEO Darren Woods describing the country bluntly as “uninvestable.”
At a closed-door meeting Friday with roughly 20 energy executives, Trump said he expected an agreement “today or very shortly thereafter” to restart large-scale drilling in Venezuela following the removal of Nicolás Maduro. He applied direct pressure, telling the group, “If you don't want to go in, just let me know, because I've got 25 people that aren't here today that are willing to take your place.”
Publicly, many executives praised the opportu...
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10.01.26 - 19:42
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US And Venezuela Explore Restoring Diplomatic Ties After Maduro′s Capture (ZeroHedge)
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US And Venezuela Explore Restoring Diplomatic Ties After Maduro's Capture
Authored by Kimberley Hayek via The Epoch Times,
The United States and Venezuela announced Friday they are pursuing the possibility of reestablishing diplomatic relations, coming a week after a U.S. military operation that captured former leader Nicolás Maduro in Caracas and extradited him to face drug-trafficking charges in New York.
A U.S. delegation, including diplomats and security personnel, visited Venezuela to evaluate the potential reopening of the American Embassy in Caracas, the State Department said in a statement sent to media outlets. The department did not immediately return a request for comment.
The embassy has been shuttered since 2019, when ties were severed during U.S. President Donald Trump's first term after the United States, along with multiple other countries, recognized opposition leader Juan Guaidó as Venezuela's legitimate president amid allegations of election fraud. U.S. officials have a...
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