#VantageOnFirstpost: President Trump says the U.S. strike on Venezuela was about reclaiming “stolen” oil and rebuilding its energy sector with American companies. But major oil firms are hesitant. Venezuela holds the world’s biggest oil reserves, yet its production is low, infrastructure is decayed, and political instability makes investment risky. Recovering output to past highs could cost over $180 billion — at a time when crude prices are weak and returns uncertain. With past losses still fre

US-Venezuela Oil Developments: White House Meeting Today On January 9, 2026, President Trump met with executives from major U.S. oil companies (including ExxonMobil, Chevron, and ConocoPhillips) at the White House to discuss potential investments in Venezuela's oil sector. This follows recent U.S. actions after the capture of former President Nicolás Maduro, with plans mentioned for up to $100 billion in private investment to revive infrastructure and boost production. Venezuela holds some of th

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