US Energy Secretary: Venezuelan Oil Supply to Be Managed by US; Trade Relations with China Allowed
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
0mins
Source: aastocks
US Stance on Venezuela: US Energy Secretary Chris Wright emphasized that the US will maintain dominance in Venezuela, ensuring that it does not fall under China's primary control, despite allowing commercial relations with China.
Role of US Companies: Chevron, ConocoPhillips, and ExxonMobil are expected to expand their operations in Venezuela, contributing to the US's strategic interests in the region.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
