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U.S. Seizes Control of Venezuelan Oil | Venezuela News
The U.S. is making a bold move to seize control of Venezuela’s oil sector, with North American Blue Energy Partners—now led by a Venezuelan businessman but once owned by a U.S. tycoon—taking the reins of 17 key oilfields. The U.S. government stakes its claim at 35%, plus preferential access and veto power over operations, securing access to 64 billion barrels of oil. This shift sidelines Chinese and Russian firms, including those previously sanctioned, and aims to redirect Venezuela’s oil directly to American markets while restoring U.S. influence in Venezuela’s economic and political future…
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