The United States is moving to increase its involvement in Venezuela’s oil industry through a partnership with North American Blue Energy Partners. This deal, backed by Venezuela’s National Assembly, aims to access approximately 20% of the country’s oil reserves. The initiative is part of President Trump’s strategy to utilize Venezuelan oil resources, replacing previous operations run by Chinese and Russian firms. The Pentagon will reportedly have a stake in the venture, marking a significant shift in control. This development signals a growing US influence within Venezuela’s crucial oil sector. The move is likely to have considerable geopolitical implications for the region and global oil markets. FRANCE 24’s Carys Garland is reporting on these developing events.