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Trump plan to send U.S. Big Oil into Venezuela isn't so simple—here's why

January 08, 2026 15:54 PM UTC

President Donald Trump wants to bring U.S. Big Oil to Venezuela to help fix the "badly broken infrastructure" there—but some experts are skeptical on how quickly U.S. companies will be able to begin production. Fortune Energy Editor Jordan Blum explains why the move can't happen in the short-term, and the billions it would cost.

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