Trump bets on Venezuela's oil to rebuild US influence in its own backyard | This is America

By Al Jazeera English

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US President Donald Trump is turning Venezuela's oil into a strategic asset, with the Pentagon holding a 35 percent stake in the venture and Chevron committing 7 billion dollars to expand production. The White House frames it as pushing Chinese and Russian influence out of the region. But can Venezuela deliver enough oil to move prices? Can a deal this unusual survive the country's next political transition? Presenter: Alex Marquardt Guests: Ian Vásquez: Vice President for International Studies, Cato Institute Paolo Von Schirach: President, Global Policy Institute Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://X.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile #US #Venezuela #Oil #Trump #Chevron #Pentagon #EnergyPolicy #WesternHemisphere #USForeignPolicy #GasPrice

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