Pentagon reportedly in talks with Venezuelan mogul for a major oil deal
This could reshape energy supply chains if it moves forward. Venezuela has massive reserves but has been largely sidelined due to sanctions. Any thaw here would impact $USO pricing dynamics and potentially ease some pressure on global crude markets.
Worth watching how this plays into broader U.S. energy policy and geopolitical positioning.
This could reshape energy supply chains if it moves forward. Venezuela has massive reserves but has been largely sidelined due to sanctions. Any thaw here would impact $USO pricing dynamics and potentially ease some pressure on global crude markets.
Worth watching how this plays into broader U.S. energy policy and geopolitical positioning.