The US is justified in seizing Venezuela's oil reserves

Energy

United States policy and political debate over how energy is produced, priced, distributed and regulated, spanning fossil fuels, nuclear power, renewables and the electric grid. Sits where climate policy, industrial strategy and consumer costs collide, which is why it rarely stays technical.

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U.S. Control of Venezuelan Oil

Seventeen fields holding an estimated 65 billion barrels passed under American control on 28 August, granted on a hundred-year concession by Delcy Rodríguez, the interim president installed after Maduro was removed and never elected. Rubio and Hegseth negotiated it, and Washington may auction the fields to American producers.

4 claims