The Trump administration has quietly polled major U.S. oil companies about whether they would return to Venezuela after the removal of socialist leader Nicolas Maduro.
The industry response has been overwhelmingly negative, according to three people familiar with the discussions who spoke to Politico.
The outreach comes as tensions between the U.S. and Venezuela are rapidly ratcheting up, with President Donald Trump moving to blockade Venezuelan oil tankers, tightening sanctions, and signaling a willingness to expand military and counternarcotics operations aimed at crippling Maduro’s regime.
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