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US Energy Chief Urges Venezuela on Oil Investment

February 12, 2026·13 days ago·via The New York Times
US Energy Chief Urges Venezuela on Oil Investment
US Energy Secretary Chris Wright visits Caracas to push for a dramatic surge in Venezuelan oil production, meeting acting President Delcy Rodríguez and PDVSA leaders as part of President Trump's bold energy deal. Trump lifts sanctions, allowing US firms to revive Venezuela's collapsed oil sector after new laws end PDVSA's monopoly, open private investment, and enable neutral dispute resolution.

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