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#Oil Reserves

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Finance

Trump’s Venezuela Oil Gambit: A Risky Bet?

Following a military operation to capture President Nicolás Maduro, Donald Trump has outlined a plan to seize Venezuelan oil, the world's largest reserves. The strategy involves $100 billion in U.S. oil company investment and the immediate export of 50 million barrels of crude. However, major oil firms express deep skepticism due to Venezuela's unstable political and legal environment, raising questions about the initiative's long-term viability and potential geopolitical fallout.

6 days ago