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Trump eyes Venezuela visit – but obstacles to his oil plan remain

AI-curated by Q²N · Updated February 26, 2026

President Trump is considering a visit to Venezuela as part of his strategy to encourage American energy companies to extract oil from the country. However, these firms have shown reluctance to engage in operations there, citing various concerns. The complexities surrounding Venezuela's political situation and the potential risks involved in such investments are significant factors contributing to this hesitance. As the U.S. administration seeks to bolster domestic energy production, the prospect of tapping into Venezuela's oil reserves presents both opportunities and challenges. The outcome of this initiative remains uncertain as discussions continue.

  • Trump is considering a visit to Venezuela.
  • The aim is to encourage U.S. energy firms to extract oil.
  • American companies are reluctant to engage in Venezuela.
  • Concerns include political instability and investment risks.
  • The situation presents both opportunities and challenges.
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