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Colombia’s Petro Claims Trump’s Venezuela Push Is Really About Oil
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Why This Matters
Colombian President Gustavo Petro claims the US military campaign in Venezuela is driven by a desire for Venezuela's oil, contradicting the stated goal of promoting democracy and combating narco-trafficking.
Market Impact
Market impact analysis based on bearish sentiment with 71% confidence.
Sentiment
Bearish
AI Confidence
71%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The Trump administration is after Venezuela’s oil with its military campaign against the South American country, the president of Colombia, Gustavo Petro, told CNN in an interview. “(Oil) is at the heart of the matter,” Petro told the U.S. news outlet. “So, that’s a negotiation about oil. I believe that is (US President Donald) Trump’s logic. He’s not thinking about the democratization of Venezuela, let alone the narco-trafficking.” The Trump administration has stepped up the pressure on Venezuela,…
Original article published by
OilPrice.com
on November 26, 2025.
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Analysis and insights provided by AnalystMarkets AI.