US President Trump says he has a great relationship with the new leaders of Venezuela. Nation is opening up to US oil firms. Highlights that Venezula has a "lot" of oil, but very little production.
Trump's remarks suggest a potential thaw in relations with Venezuela, which could open avenues for US oil firms.
Newsquawk Daily US Opening News - 22nd January 2026
US President Trump says he is working on Ukraine
US President Trump says he has a great relationship with the new leaders of Venezuela. Nation is opening up to US oil firms. Highlights that Venezula has a "lot" of oil, but very little production.
US President Trump says they will be making the US military even stronger.
US President Trump says he thinks investors in the US will be "extremely happy" with those investments
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The mention of Venezuela's vast oil reserves but low production highlights an opportunity for foreign investment, impacting oil supply and pricing dynamics. This geopolitical shift may affect related currencies and commodity markets, particularly oil futures and energy equities.
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