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Trump seeks control of Venezuela’s oil to push US price toward $50 a barrel — I.guim.co.uk
Business

Trump seeks control of Venezuela’s oil to push US price toward $50 a barrel

Donald Trump plans to use Venezuela’s vast crude reserves to establish control of much of the western hemisphere’s oil and try to drive the US consumer price down to about $50 a barrel, according to reports. The Wall Street Journal, citing senior Trump administration officials, said the president
08 Jan 2026 1 min read
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