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Trump Champions U.S.-Venezuela Oil Partnership

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      Locales: UNITED STATES, VENEZUELA, SAUDI ARABIA

WASHINGTON (AP) - February 20, 2026 - A dramatic and telling shift in policy is unfolding as former President Donald Trump actively champions a burgeoning U.S.-Venezuela oil partnership, a stark contrast to his previously bellicose rhetoric towards Venezuelan President Nicolas Maduro. This about-face, initially signaled in late 2026, is now fully solidified, representing a pragmatic realignment driven by global energy dynamics, particularly in the wake of prolonged geopolitical instability.

For years, Trump was a vocal and relentless critic of Maduro's regime, consistently labeling it a "dictatorship" and imposing crippling sanctions aimed at regime change. He fervently backed opposition leaders, believing that political pressure would ultimately unseat Maduro and restore democracy to Venezuela. However, the landscape has fundamentally altered, forcing a reassessment of long-held positions.

The catalyst for this shift is multifaceted. The ongoing conflict in Ukraine, entering its fourth year, has triggered significant disruptions to global energy supplies. Simultaneously, escalating global demand, coupled with OPEC+ production policies, has driven oil prices to levels not seen in decades. This confluence of factors has created a pressing need for alternative oil sources, and Venezuela, possessing some of the world's largest proven oil reserves, has unexpectedly emerged as a potential key player.

"We're working with Venezuela, and they've got a lot of oil," Trump stated in a recent interview, a sentiment echoed by key figures within his political circle. "They're going to be helping us alleviate the pressure on American families and ensure energy independence."

This overture isn't happening in a vacuum. While the Biden administration initially maintained the existing sanctions framework, it cautiously began exploring back channels for dialogue with the Maduro government in 2024, recognizing the potential benefits of increased Venezuelan oil production in stabilizing global markets. Trump's embrace of this cooperation now places him firmly aligned with a pragmatic, albeit controversial, approach to Venezuelan energy.

Experts suggest that Trump's motivation is a complex blend of factors. Firstly, capitalizing on potentially lower energy prices presents a significant political advantage, particularly heading into the 2028 election cycle. Lower prices could demonstrably benefit American consumers and bolster the economy. Secondly, increasing Venezuelan oil supplies offers a strategic means to reduce reliance on potentially unreliable sources, most notably Russia, allowing the U.S. to exert stronger leverage in its geopolitical strategies. The ability to project strength against Russia while simultaneously addressing domestic economic concerns is a powerful narrative.

The current agreement, negotiated over the past year, involves a phased lifting of sanctions in exchange for guaranteed oil production levels and assurances of fair contracts for U.S. energy companies. While the details remain confidential, sources indicate that the deal includes provisions for environmental safeguards and oversight mechanisms to ensure responsible oil extraction and mitigate potential ecological damage. This has appeased some environmental groups who were initially highly critical of the prospect of increased oil production from Venezuela.

However, the partnership is not without its critics. Human rights organizations continue to raise concerns about Maduro's authoritarian rule and the lack of demonstrable progress on democratic reforms. They argue that prioritizing energy cooperation at the expense of human rights sends a dangerous message and legitimizes a repressive regime. These groups are demanding that any further easing of sanctions be contingent upon significant improvements in Venezuela's human rights record and a commitment to free and fair elections.

The long-term implications of this shift remain to be seen. Some analysts predict a gradual reintegration of Venezuela into the international community, fostering increased trade and investment. Others remain skeptical, arguing that Maduro is likely to exploit the situation to consolidate his power and further undermine democratic institutions.

Regardless of the ultimate outcome, Trump's Venezuela pivot marks a significant moment in U.S. foreign policy, demonstrating a willingness to prioritize strategic interests and economic pragmatism over ideological commitments. The world is watching closely to see whether this gamble on Venezuelan oil will pay off, both economically and politically.


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