Trump’s Venezuela Oil Deal: What It Means for Global Markets

CGTN Europe 2026-01-07

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Fabbiana Lamboglia, Energy and Economics Analyst at Orinoco Research, discussed the political implications of recent tanker seizures and the US seizure of Venezuelan crude. She said the move is intended to apply political pressure on the Venezuelan government to push for change, but argued it is not legal under either international or Venezuelan law. Lamboglia also assessed the potential impact on the global oil market, noting that while fair negotiations could benefit Venezuela, the real outcome will depend on factors such as access to the proceeds from oil sales.

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