EconomyU.S. could control 20% of Venezuela's oil reserves, but Canada's oilpatch isn't worried
U.S. President Donald Trump is pressing ahead with efforts to tap Venezuela's oil wealth, announcing a new deal intended to raise production there. He is also presenting a possible U.S. controlling stake in part of Venezuela's reserves as a warning to Canada, while experts say Western Canada's oil industry has little reason for concern.
CCBC News★★★☆☆2026-09-02 08:00Original
U.S. could control 20% of Venezuela's oil reserves, but Canada's oilpatch isn't worried