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Trump says he will "take control" of Venezuela's oil industry

2026-03-02 12:28:32 · · #1

On March 8, local time, US President Trump, when discussing Venezuela, said, " We will take over the oil industry. Tomorrow I will meet with all the big oil executives... They will step in, they will rebuild the entire oil infrastructure."

Trump stated that he has arranged a meeting at the White House with the 14 largest oil companies in the world, who will enter Venezuela to rebuild its entire oil infrastructure, with an estimated investment of at least $100 billion.

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