US energy chief rejects ‘stealing Venezuelan oil’ claims as Washington takes control of vast reserves
- Posted on September 3, 2026
- By Business News Today
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US energy chief rejects ‘stealing Venezuelan oil’ claims as Washington takes control of vast reserves
US Energy Secretary Chris Wright denied claims of stealing Venezuelan oil. He stated private companies bring money and technology to develop resources. Wright emphasized fixing Venezuela's electricity sector is crucial for oil production. President Trump called the oil pact the world's biggest deal. Elections are a process requiring infrastructure readiness and stabilization.
