Trump Claims US Oil Firms Could Be ‘Up and Running’ in Venezuela Within 18 Months
Donald Trump claims US oil companies could resume operations in Venezuela within 18 months, sparking debate over sanctions, energy policy, and oil market recovery.
United States President Donald Trump has claimed that American oil companies could resume operations in Venezuela within 18 months if political and economic conditions are properly addressed.
Trump made the statement while speaking on energy policy and international relations, suggesting that Venezuela’s vast oil reserves could once again attract US investment under the right leadership and agreements. According to him, the country has the capacity to return to significant oil production if restrictions and policy barriers are lifted.
He argued that US oil firms possess the technology and expertise needed to revive Venezuela’s struggling energy sector quickly, adding that renewed cooperation could benefit global oil supply and stabilize energy markets.
Venezuela’s oil industry has faced years of decline due to sanctions, underinvestment, and infrastructure challenges. While some analysts believe recovery is possible, others caution that political uncertainty and aging facilities could slow any rapid turnaround.
Trump’s comments have sparked debate among energy experts and policymakers, with reactions ranging from optimism to skepticism over the feasibility of such a timeline.
