US Seizes Control of Venezuelan Oil Reserves Following Military Action
2 hours agoBusiness
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US Seizes Control of Venezuelan Oil Reserves Following Military Action

The United States has reportedly taken control of Venezuela's oil reserves following military action that led to the capture of President Nicolás Maduro. This move, initiated by President Donald Trump, aims to oversee Venezuela's transition and revive its oil industry. While short-term oil prices might see volatility, the long-term impact could involve increased production and potential price pressure. This geopolitical development reshapes global energy dynamics and introduces new uncertainties for investors.

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