Trump: US Oil Firms to Enter Venezuela Post-Maduro Capture, Rebuild Sector

• President Trump announced US oil companies would enter Venezuela to rebuild its oil sector after Nicolas Maduro's capture.
• Maduro was captured during US airstrikes in Caracas and faces drug-trafficking and weapons charges in New York City.
• US firms are expected to invest billions to fix Venezuela's broken oil infrastructure and generate revenue for the country.
• Existing US sanctions and the embargo on all Venezuelan oil remain fully in effect, despite the new plan.
• Venezuela holds 17% of global oil reserves but production is low; US refineries are specifically designed for its lower-quality crude.

Why It Matters: Trump plans for US oil firms to rebuild Venezuela's oil sector following Maduro's capture, despite ongoing sanctions.