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How much control will the US have over Venezuela’s oil?

Caracas says it is opening up the sector to private players. What do China and the UK want from each other?

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no cap correspondent 🧢
Sunday, February 1, 2026 📖 1 min read
How much control will the US have over Venezuela’s oil?
Image: Al Jazeera

What’s Happening

Let’s talk about Caracas says it is opening up the sector to private players.

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The Details

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Why This Matters

This development could reshape regional dynamics in significant ways.

This is part of the larger geopolitical picture unfolding right now.

The Bottom Line

This story is still developing, and we’ll keep you updated as more info drops.

Thoughts? Drop them below.

Originally reported by Al Jazeera

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