Washington — President Donald Trump said Friday he plans to visit Venezuela and praised interim leader Delcy Rodriguez, while his administration moved to relax restrictions on oil investment. The Treasury's OFAC issued general licences allowing BP, Chevron, Eni, Repsol and Shell to carry out authorised transactions under US-based payment oversight. The move followed an energy secretary visit to Caracas this week and earlier January reports concerning US operations and Maduro's removal; officials gave no travel dates nor full recognition details. Based on 6 articles reviewed and supporting research.
Prepared by Lauren Mitchell and reviewed by editorial team.
U.S. and international oil firms (BP, Chevron, Eni, Repsol, Shell) and the interim Venezuelan authorities are positioned to gain renewed access to Venezuelan oil revenue streams and commercial markets under the newly issued licences and oversight mechanisms.
Venezuelan opposition groups, displaced communities, and citizens seeking transparent governance may face uncertainty and potential marginalisation as external commercial activity and interim administrative control expand without full domestic consensus.
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Trump Plans Venezuela Visit as US Reopens Oil Trade
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