U.S. In Talks To Take Direct Ownership Of Venezuelan Oil Fields

The Trump administration is reportedly in active discussions with Venezuela’s interim government to acquire a direct U. S. ownership stake in key Venezuelan oil fields. According to senior U. S.

officials cited by Axios, the talks involve equity stakes in a select group of high-yield fields containing approximately 90 billion barrels of proven crude—a transaction that would significantly alter Washington’s foreign energy policy framework and expand U. S. -controlled global reserves.