Trump's push for U.S. control of businesses moves to Venezuela [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
It didn't take long this year for the Trump administration to remind us about its appetite for government stakes — and Venezuela could be the next frontier in its growing portfolio. The latest example came from Energy Secretary Chris Wright, one of the top officials taking point in cajoling Western oil executives to invest in Venezuela. During a Sunday interview with CBS's Face the Nation , he was asked if the U.S. is considering taking stakes in the Venezuelan oil sector. He said it's “certainly a very real possibility” in the aftermath of the U.S. ouster of Venezuelan leader Nicolás Maduro. That doesn't come as a big surprise. The Trump administration has been on an acquisition spree much of the past year, taking direct stakes in 14 companies spanning steel, rare earth minerals, semiconductors, and nuclear energy, according to Scott Lincicome of the Cato Institute. More are surely on the way in 2026, and it's not hard to imagine Venezuela's crippled oil sector catching Trump's
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