US wants Venezuelan oil flowing again with revenues in US accounts, Wright says
Reuters·2026-01-07 14:04

Core Viewpoint - The U.S. government aims to resume Venezuelan oil production, deposit funds into U.S.-controlled accounts, and establish favorable conditions for U.S. oil companies to operate in Venezuela [1] Group 1 - The U.S. government is actively seeking to restart Venezuelan oil exports, which have been significantly impacted by sanctions and political instability [1] - There is a focus on creating a framework that allows U.S. oil companies to engage in the Venezuelan market, potentially increasing oil supply [1] - The initiative reflects a strategic move to stabilize global oil markets and address domestic energy needs [1]