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How Chevron played the long game for Venezuela’s oil reserves

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Today, Chevron is uniquely positioned in the aftermath of the invasion to profit from Venezuela’s vast oil reserves. On Saturday, hours after U.S. forces in Caracas killed at least 80 people and kidnapped Venezuelan President Nicolás Maduro, Donald Trump sounded less like a wartime commander than a developer surveying a newly acquired property. The country’s future, he told reporters at his Mar-a-Lago resort, belonged to “very large United States oil companies,” which would soon be pumping “a tremendous amount of wealth out of the ground.”