Thursday, July 16, 2026
US needs to control Venezuelan oil sales, revenue to drive change, says energy secretary- oil and gas 360

US needs to control Venezuelan oil sales, revenue to drive change, says energy secretary

(Investing) – The United States needs to control Venezuela’s oil sales and revenue to drive the changes it wants to see in the country, Energy Secretary Chris Wright said on Wednesday. Wright said he was speaking to U.S. oil companies to learn what conditions would enable them to enter the South American country and added that he wanted to sell Venezuelan