The Coffman Chronicle

The Coffman Chronicle

U.S. Will Control Venezuelan Oil Sales Indefinitely, Energy Sec. Wright Says

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Team Coffman Chronicle
Jan 09, 2026
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US Energy Secretary Is Trying to Change Blue-State Minds About Fossil Fuels  - Bloomberg

The U.S. government will control Venezuelan oil sales and revenue indefinitely, Energy Secretary Chris Wright said Wednesday, marking a major shift in Washington’s strategy toward Venezuela’s oil sector.

The announcement raises stakes in already high tensions between the U.S. and Caracas, with implications for global energy markets and U.S. foreign polic…

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