Trump-linked Venezuela oil venture targets 1M bpd, 150% output jump by 2028

A U.S. oil company linked to former President Trump forecasts a 150% increase in Venezuelan production by 2028, aiming for one million barrels per day. The claim is based on company statements at signing, with no specified timeline for the target. This signals potential expansion of U.S. energy interests in Venezuela, which could affect global oil supply and geopolitical dynamics.