US seeks more access to Venezuela's mineral wealth after tapping its oil, sources say
The Trump administration is seeking greater U.S. access to Venezuela’s minerals, including gold, as it expands its push to gain control and influence over the South American country’s vast natural resources beyond oil, according to three sources familiar with the discussions. The effort could open the Venezuelan mining sector to U.S. investment and give U.S. companies access to not only oil, but…
The Trump administration is seeking enhanced U.S. access to Venezuela's mineral wealth, beyond its ongoing push for control over the nation's oil reserves, according to multiple sources familiar with the discussions. This move could potentially open up the Venezuelan mining sector to U.S. investment, providing access to crucial minerals for national security, sources said on condition of anonymity.
The administration is considering a range of steps to increase U.S. involvement in Venezuela's mining sector, including a possible executive order focused on critical minerals, though the strategy could still evolve. U.S. officials have also engaged with companies to gauge their interest in investing or participating in Venezuela's mining industry.
The effort aligns with President Trump's broader strategy to strengthen U.S. influence across Latin America and counter China's growing economic presence in the region.
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