Trump says Venezuela will purchase American products with revenue from oil deal

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US Energy Secretary Chris Wright announced that the US will maintain control over Venezuela's oil sales indefinitely, potentially impacting Venezuela's ability to purchase American products with revenue from an oil deal as previously stated by Trump.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Energy Secretary Chris Wright said Wednesday that the U.S. will control Venezuela's oil sales indefinitely.

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Original article published by CNBC on January 8, 2026.
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