A more immediate upswing in Venezuelan crude flows would align with several priorities for Trump, who has prized American energy dominance both as a source of leverage globally and political capital at home, where he is seeking to allay cost-of-living concerns ahead of critical midterm elections in November. A supply boost from Venezuela, however modest, is seen as not only helping to check crude and gasoline prices, but also expanding the US’s leeway to move against Iran without jolting the market.A repres ...

Core Viewpoint - The potential removal of Nicolás Maduro by the U.S. could significantly transform Venezuela's oil sector, according to Jefferies analysts [1] Industry Summary - The U.S. ouster of Maduro is seen as a pivotal moment that may lead to increased foreign investment and operational improvements in Venezuela's oil industry [1] - Analysts suggest that a change in leadership could facilitate the re-entry of major oil companies into the Venezuelan market, which has been largely stagnant under the current regime [1] - The anticipated shift in governance may also enhance the country's oil production capabilities, which have been severely impacted by years of mismanagement and sanctions [1]